Poll: What do you read on your Kindle?
Five major magazine and newspaper publishers announced Tuesday that they are planning to build an e-reader to rival Amazon's Kindle. The consortium includes Time Inc., News Corp., Conde Nast, Hearst Corp. and Meredith Corp., publishers of Time, Cosmopolitan, Better Homes and Gardens and the Wall Street Journal, among others. In our tech blog, Alex Pham reports:
The reason: Publishers want to be able to set their own terms, including retail prices and how much of that money they get to keep. Newspaper and magazine publishers have openly chafed at getting 30% of the sale of their content on Amazon's Kindle.
Amazon, which got its start selling books online, launched the Kindle in 2007 with access to 88,000 electronic books. Most early e-readers were considered e-book readers, emphasis on books. Newspapers and magazines have been later additions.
Has the Kindle moved beyond its e-book roots? How do you use yours?
As to whether newspaper and magazine publishers should get into the hardware development business to create their own electronic reader to compete with Amazon's Kindle, the Sony eReader or Barnes & Noble's Nook -- well, that's another question.
-- Carolyn Kellogg
Photo: A Pace University student uses a Kindle in October. Credit: Mark Lennihan / Associated Press