The Gredunza Cabal

The publishing industry is crazy. Figure it out here.

According to New York Magazine, several bookstores in the states are already planning on purchasing the Espresso book machine when it becomes available in the fall. It currently costs around $75,000, which is both more and less than other people have reported.

As I've explained in a few other posts, we here at Gredunza are really excited about the prospects of this machine, because it signals a much more level playing field in the book industry. Much in the way the internet has allowed people to publish their own books at a far lower price point than before (self-publishing before the internet would often cost ten grand or more), the Espresso book machine allows anyone to print out any book ever digitized in about 5 minutes. This levels the print field in the same way as the net leveled out the digital field.

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