Responding to a tweet about DRM being ‘cracked’ on Amazon’s Kindle made me realise why DRM is not the answer we need to protect book revenues.
What we actually need to do is to make buying an ebook as easy and risk-free as illegally copying it. Think itunes store. Right now, there is no standard and portable format for ebooks. This means that potential buyers have to hope their chosen format will outlive the device they initially purchase it for.
The second problem publishers need to address is that of pricing. People who have bought ebook readers have laid out a substantial sum, and in doing so have all but eliminated publisher’s future distribution costs. Why then are they paying the same, or more than the price of a paperback? A more palatable price would quickly get people in the habit of buying (rather than copying) ebooks, just as happened with MP3s.
There are many other pricing models. What about a free ebook reader, supported by a monthly subscription? This would get the new format into people’s hands quickly, with less initial cost, but still commit them to buying ebooks regularly. This model makes even more sense for newspapers.
How long will it take publishers to catch on? Editorial technology becomes obsolete every decade or so, but the basic product hasn’t changed. Let’s get on with it!