Monday, January 4, 2010, 8:20PM ET - U.S. Markets Closed.
It seems that Amazon is not content to bask in its Kindle 2 glow. After a few weeks of rumors, several media outlets are reporting a new large-format Kindle will launch this week, likely on Wednesday. The speculation is that the new Kindle will be about the size of a sheet of paper, and still black-and-white. But the chatter is less about the specs and more about the impact of a newer, larger Kindle.
Much of the expectation had been centered around the new device making a real play at the education market, given the hefty price and weight of textbooks and younger generations’ willingness to read and process information through screens.
But a Sunday article in the New York Times shifted the debate from education to newspapers. As revenues fall by 30% or more, could a new Kindle reignite traditional media subscriptions the way it juiced book sales? Publishers hope so, including the Times. And Amazon isn’t the only horse in the race. The article mentioned competing e-readers are due out from Hearst, News Corp., and Plastic Logic in the next year.
My guest is blogger Om Malik of GigaOm. He was one of several bloggers who said a bigger format Kindle was too little too late for old media. But textbooks? That’s an industry the device could revolutionize.
Watch the clip for more, and let us know in the comments whether you’d be more likely to pay for news on a bigger Kindle.
he said "SINGLE" day... but for a second there...
This is clearly Obama's fault! No, wait, it's Bush's fault! Wait, what the hell are we talking about? Oh, OK. The current economic crisis is the Kindle's fault! Oh, wait, it does what? Man, how are we supposed to have a ridiculously partisan argument about this?
To see & hear my book on an instrument from the future like this; will be awesome. I earned the Getty Oil Company shareholders Four Billion Bucks … On the Reserve acquisition; the way they treat me … it really sucks! As the Getty inheritors bask in glee; All I asked for was that they look after me. Four billion dollars they earned on Reserve … My fee I surely deserve. It turns out J.P. Getty may have been a Nazi; His family even goes back to Germany …. With Hitler, GÖring & Goebbels he did stand; While trying to undermine the American land! For paintings & artifacts he did receive; With his oil he was able to deceive? Hoover & the FBI & Roosevelt they knew … That J.P. Getty & espionage he drew! Many a young lad and Jew did die As planes dropped bombs from the sky. For years while Getty sat in Berlin He may have committed many a sin. The ashes and smoke from the chimneys it rose While old man Getty sat cozy … he chose. With artwork held tightly under his arm Still dripping in blood … as the real owner met harm. Into the ovens & on meat-hooks, bullets between the eyes … Listen very carefully you can still hear their cries! While the Gettys sit in England; at their estate at Wormsley; And Gordon sings in San Francisco … With his 727 in tow; The Getty museum sits atop Malibu; While the corpses of World War 2 scream … “J.P. Getty … We know you!”
To see & hear my book on an instrument from the future like this; will be awesome. I earned the Getty Oil Company shareholders Four Billion Bucks … On the Reserve acquisition; the way they treat me … it really sucks! As the Getty inheritors bask in glee; All I asked for was that they look after me. Four billion dollars they earned on Reserve … My fee I surely deserve. It turns out J.P. Getty may have been a Na-zi; His family even goes back to Germany …. With Hitler, GÖring & Goebbels he did stand; While trying to undermine the American land! For paintings & artifacts he did receive; With his oil he was able to deceive? Hoover & the FBI & Roosevelt they knew … That J.P. Getty & espionage he drew! Many a young lad and Jew did die As planes dropped bombs from the sky. For years while Getty sat in Berlin He may have committed many a sin. The ashes and smoke from the chimneys it rose While old man Getty sat cozy … he chose. With artwork held tightly under his arm Still dripping in blood … as the real owner met harm. Into the ovens & on meat-hooks, bullets between the eyes … Listen very carefully you can still hear their cries! While the Gettys sit in England; at their estate at Wormsley; And Gordon sings in San Francisco … With his 727 in tow; The Getty museum sits atop Malibu; While the corpses of World War 2 scream … “J.P. Getty … We know you!”
C'mon guys. We can figure out some way to argue pointlessly about this. Here, I'll start: the Kindle is a Socialist! It just wants to spread the reading around to everybody whether they wrote or not! OK, now it's your turn.
My kid's school moved to a math curriculum last year which uses an online textbook. In class they project the lessons on the screen with a beamer, at home they do their problems from the PC. The heavy textbook problem has already (easily) been solved. Also, the cost- at least the printing portion of it, can go away. Why do my kids need an expensive portable device for a textbook at all? On the other hand, it seems like the question ought to be what is the tradeoff between a larger Kindle and a laptop/tablet computer? And, are these again two devices that ought to converge? Do I really want a separate, specialized device for each function? What's next? A waterproof computer that can only display weather forecasts?
Amazon's first generation Kindle sold out in just a few hours of its release. The second generation Kindle hasn't gained much traction. And now a third generation one so soon? Bezos is adding too much emphasis on the Kindle during these tough economic times. Amazon should probably adopt a device subsidy model, like the Cellphone Providers - sell the device for $49 and make money on the books and services offered through it. Otherwise it would be difficult to kindle interest among the masses (no pun), especially in these times of recession.
The main objective with the Kindle is that it creates an easy to read digital text. Computer screens cause a lot of eyestrain, mainly due to the beaming lights that people stare at. With the Kindle you don't need to be looking at a 20 watt light bulb to read a book. I wanted a Kindle until I found out it was using Sprint and did not have WiFi? What kind of asinine genius decided to go with Sprint over WiFi? Sprint has been sued several times by their consumers complaining about their Nazi Reich tactics to jewifiy the customer's bank account. Sprint is like the Swiss bank and your bank account is like your gold teeth. Sprint hates you!! I don't hate jews, just making history based hate statements regarding sprint. I also don't hate switzerland... same thing happening. I do hate nazis though. Sorry nazis, no love here.
BTW, he said 'frickin'. That is tv / parent slang for, I can pass censorship with a different F word.
Yeah, it's called an iPad, by Apple. It'll be announced in July. A, 8" - 10" touchscreen, with iPhone interface, possible phone capability, watch movies, read books, etc.
Too much sensationalism in Newspapers. Who needs them?
I am intrigued by the larger format Kindle, may be intrigued enough to buy. I have subscribed to an electronic version of a newspaper, but it is not entirely satisfactory. For those of us who read and buy books, the books incoming often exceed the books outgoing, even if they do, as Anthony Powell titled one of his novels: "Books Do Furnish a Room". If Portfolio were available on a large format Kindle or equivalent, would you pay to subscribe? There is a huge difference between blogging and journalism, although both are valuable.
I'm sitting in front of a 24" color monitor now for hours every day that has great resolution and I'm still not interested in reading a newspaper, magazine or book on it let alone pay for a subscription. I'm hard pressed to see how having yet another portable device is going to change that no matter what size it is. It's about making the content worth paying for not the substrate that you read it on or through. As far as education is concerned how do we pay to get enough devices into enough students hands to make a dent?
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LTG - Monday May 04, 2009 05:27PM EDT
At 3:47, what does he say? He can't "plow through a newspaper every $%^&* day"?