We've been talking to multiple vendors, and evidently, our conversations with Amazon yielded some fruit, ... because they announced their own initiative on the heels of our announcement. We can now hope or expect them to be our fist vendor.
More Quotes from Richard Sarnoff:
We believe that it is important for publishers to be innovative in providing digital options for consumers to access our content.Richard Sarnoff
planting a flag, trying to establish some ground rules that we are comfortable with to create this new kind of commerce around book content.
Richard Sarnoff
The Random House model calls for consumers to be able to buy access to a book for, say, 5 cents a page for most books and higher amounts, like 25 cents a page, for cookbooks and other specialty publications. It calls for users to gain online access, though not to be able to copy or print the page. But if consumers absolutely demand certain kinds of access, ... it would be important to provide that.
Richard Sarnoff
We're offering a concrete business model with which we can go forward with vendor partners to allow readers access to the contents of our books in way that satisfies readers' interest in sampling and discovery.
Richard Sarnoff
We expect that they Amazon will be the first vendor. We haven't signed any license or contract.
Richard Sarnoff
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