Hartmut Ostrowski, CEO of Bertelsmann
Subscription-Based Book Clubs in Decline
by
findingDulcinea Staff
Media giant Bertelsmann AG’s sale of its American book club division leaves some asking whether the venerable book-of-the-month club business model is headed for extinction.
30-Second Summary
Bertelsmann, the global media publishing conglomerate based in Germany, recently announced the sale of its American book clubs and is reconsidering its other clubs, reports The Economist magazine.
Subscription-based book clubs, not to be confused with widely popular literature discussion groups, were more common when book stores were less ubiquitous. The book clubs offer subscribers editorially selected, discounted books and convenient home delivery. But the availability of inexpensive books from big bookstore chains, supermarkets and the Internet has cut into their memberships.
“I don’t hold much hope for the future of mainstream book clubs,” says Roger Cooper, the former editorial director of Bertelsmann’s American book clubs.
Despite all of the bad news, one area of growth has been specialist book clubs that make use of the Internet. The clubs offer preselected books in specific areas of interest, such as cooking or military history. Bertelsmann has had success in the United States with its Black Expressions club, which is aimed at black women; Mosaico, a Spanish-language club; and the Progressive Book Club, which is aimed at left-leaning readers.
Some have predicted that physical books themselves are on their way out, to be replaced by electronic versions. In Fall 2007, Amazon.com released the Amazon Kindle, a handheld e-book reader that downloads content wirelessly. The device promptly sold out.
Internet usage has prompted fears about the demise of other print media industries, most notably newspapers. “I know that my morning newspaper is on its way into the museum, along with the model T and the whalebone corset, perhaps within my own lifetime,” says Anita Diamant at the International Herald Tribune.
Subscription-based book clubs, not to be confused with widely popular literature discussion groups, were more common when book stores were less ubiquitous. The book clubs offer subscribers editorially selected, discounted books and convenient home delivery. But the availability of inexpensive books from big bookstore chains, supermarkets and the Internet has cut into their memberships.
“I don’t hold much hope for the future of mainstream book clubs,” says Roger Cooper, the former editorial director of Bertelsmann’s American book clubs.
Despite all of the bad news, one area of growth has been specialist book clubs that make use of the Internet. The clubs offer preselected books in specific areas of interest, such as cooking or military history. Bertelsmann has had success in the United States with its Black Expressions club, which is aimed at black women; Mosaico, a Spanish-language club; and the Progressive Book Club, which is aimed at left-leaning readers.
Some have predicted that physical books themselves are on their way out, to be replaced by electronic versions. In Fall 2007, Amazon.com released the Amazon Kindle, a handheld e-book reader that downloads content wirelessly. The device promptly sold out.
Internet usage has prompted fears about the demise of other print media industries, most notably newspapers. “I know that my morning newspaper is on its way into the museum, along with the model T and the whalebone corset, perhaps within my own lifetime,” says Anita Diamant at the International Herald Tribune.
Headline Link: ‘The Final Chapter?’
“If this is the end of the story for book clubs, there are many who will mourn them,” says the Economist.
Source: The Economist
Related Topics: New CEO for Random House; Oprah’s Book Club, the Amazon Kindle, newspaper’s demise
Bertelsmann AG also announced that Markus Dohle, the head of a printing unit at one of its divisions, will become chief executive of the company’s U.S. publishing division, Random House. “With his proven talent for innovation he will enhance Random House’s long-term value and keep it strong even in a mature book marketplace,” said Bertelsmann CEO Hartmut Ostrowski.
Source: International Herald Tribune
Despite the decline in subscription-based clubs, interest in group readership and book discussion is strong. One of the most successful online book discussion sites is Oprah’s Book Club, which recommends specific books and offers online resources, reader chats and author interviews. Selection of a book by Oprah’s club is a proven route to becoming a bestseller, even though the club does not directly sell titles.
Source: Oprah’s Book Club
In 2007, Amazon released the Amazon Kindle, an electronic book-like device that downloads content and displays it according to the user’s specifications. The Kindle is a leap forward from other e-book devices, such as the Sony Reader, because it offers wireless connectivity. “This isn’t a device, it’s a service,” said Amazon.com founder Jeff Bezos.
Source: Newsweek
Opinion & Analysis: ‘Coffee and the papers, Yes, papers’
A Pew Research Center for the People and the Press survey from 2006 found that only 4 in 10 Americans get their news from a printed newspaper, down by 18 percent since 1993.
Source: International Herald Tribune
Reference: Book club reviews
Freebookclubs.com reviews the best discount book clubs on the Web. Its most popular clubs include: Doubleday, Black Expressions, Book-of-the-Month Club, BooksFree, Literary Guild, Children’s Book of the Month and Mystery Guild.
Source: Freebookclubs.com







