Word: downloading
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Dates: during 2000-2009
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Either book publishing changed last week or Stephen King should start himself a cult. With minimal advertising, he got more than 500,000 readers to go online to download his new 66-page short story. The economics certainly worked in his favor. The New Yorker or Playboy might have paid him $10,000 for the piece, says King. But he estimates he'll make at least $450,000 for the e-book...
...more like a skeptical consumer. "There's a lot of plumage here, but I wonder if the beast underneath isn't still pretty scrawny," he says, pointing out that the Net is still too slow and hard for many people to use. King, a Macintosh user, couldn't download his book, which came out only in PC-readable formats. "This is a good illustrative example of all the potential that so-called e-commerce has, and then the reality of the situation," he says. "In point of fact, what e-commerce has been selling for the past five years...
...this MP3 thing"--referring to the digital-music format that allows people to swap their favorite tunes online. Wasserman went to the website MP3.com converted three songs he had written and recorded with Fisher into the format and uploaded them. Now, people could come to the site and download the songs for free. Fisher was about to become the biggest Internet-based band ever...
...indie acts trying to make themselves heard, life won't get any easier. Someday, the labels hope, consumers will walk up to Web-enabled kiosks in convenience stores and airport terminals, punch in a credit-card number and instantly download two new Mariah Carey songs onto a cassette the size of a pencil tip. When that happens, who's going to bother trawling through thousands of MP3s for the next Fisher? That's why, sitting at a Melrose Avenue cafe early this year, Fisher and Wasserman seemed more relieved than elated. There are now at least 1 million songs available...
...near-fatal accident last June, when he was walking on a country road near his summer home in Lovell, Maine, and was hit by a minivan. In December King also participated in a fund-raising test of the same "digital rights management" technology that is supposed to copy-protect downloaded files. Last year he pushed the limits of other publishing outlets, releasing a three-story collection called "Blood and Smoke" exclusively in audio book format. In a statement about his new download, King said, "I'm curious to see what sort of response there is and whether or not this...