If you are a new reader here at the Spreed:Blog, you will find out in due time that we are quite obsessed with digital publishing and the ways that we take in digital content. Spreed’s goal is to make the digital reading experience more efficient on any electronic device. Our speed reading application is only one class of product we are working on. We want to streamline the entire online reading experience and make it more productive. As such we are constantly looking for the newest and coolest technologies out there that aid in the effective reading of electronic material. By far the most exciting new platform out there is the Kindle and we have covered this product here on our blog many times before. However, over the past couple of weeks there has been some very interesting news surrounding the Kindle and I just wanted to give light to all these new developments here:
CFO Tom Szkutak said that while sales of the Kindle have exceeded expectations, it does not plan to release a new version of the e-reader until 2009 “at the earliest.” He noted that Amazon has ramped up manufacturing capacity for Kindle, and the device is in stock. When the Kindle was introduced last November, the readers quickly went out of stock. Amazon said the e-book reader now accounts for more than 10% of unit sales for books that are available both in digital and print formats. Bezos said purchase of e-books is “additive” to sales of print books with Kindle e-book buyers tending to buy as many print books in addition to e-books.
Today in Chicago, and on TV screens across the USA, Oprah Winfrey is going to recommend her new “favorite gadget,” which is Amazon’s Kindle ebook reader. A brief video has appeared on Amazon’s website to plug the show — as spotted by Chris Nuttall at the Financial Times — which will also feature a guest appearance by Amazon founder Jeff Bezos.
Yale, Oxford and the University of California have all adopted Kindle programs, and now Princeton University Press will begin publishing Kindle-edition textbooks, launching, Robert Shiller’s new economics book “The Subprime Solution” on the device two weeks before the hard copy. Princeton plans to roll out hundreds of books through the Kindle’s online store. The questions over over the commercial ‘revenue sharing’ arrangements are between the parties and whether , as some may say, Amazon is buying trade.