Wednesday, March 10, 2010

Who's in Charge on E-Readers?

Everybody’s buzzing about the iPad and e-readers. Specifically, the anticipated impact of the new devices on publishers’ pricing models and consumer behavior. Who will pay for what? What device will win? Who will control the pricing model? Is the reader experience going to be 'lean forward' interactive or 'lean-back' print-like?

Interesting questions all, but I find myself even more intrigued in seeing who the publishers are entrusting to run their new e-reader initiatives and, by association, how they perceive these businesses. Judging by the decisions to date, there’s no consensus but a lot of activity. Some publishers envision e-readers as an extension of the print experience, and are putting them under the gaze of their most seasoned publishing general managers. Others see this primarily as a subscription-based business opportunity and are letting the model rule, creating separate e-reader divisions under the leadership of their most senior circulation and consumer marketing executives. Still others are looking at this as fundamentally new, recruiting leadership from the interactive agency community supported by functional teams with experience developing and building consumer electronics products and engaging user experience. Or, in the case of the booksellers, recruiting online media company execs who can bring in publishing partners. Full disclosure, I’ve recruited one exec to lead a venture that includes management of e-reader initiatives. The role came with a broader mandate around the business' online content ecosystem (my favorite over-used buzzword), and since the project is nascent and can morph in multiple directions, the person was chosen for versatility with digital media models and products.

No answer yet, just opportunities. Or challenges, depending on which half of the glass you’re holding.

- Comments? Cara@NewCoordinates.com

1 comment:

  1. The e-reader business is changing as rapidly as any I've ever seen. Amazon has been the leader the last 3 years with the Kindle, but is now being so surpassed by the iPad and its web browser that I've seen speculation this week that Amazon may have to exit the category. I know that I'm about to put my 8 month old Kindle DX on eBay to clear space for an iPad. And if one of the fifty (yes fifty) other tablets that are supposed to come out later this year contains mobile TV, a web browser and a good e-reader, then the iPad will look out of date just as quickly.

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