Oprah to Announce Next Book Club Pick on Monday
According to the Associated Press, Oprah will select a new book for instant bestsellerdom on Dec. 6. That's the same day that Franzen will make his appearance on the show, almost a decade after the author was infamously disinvited by Oprah after he expressed discomfort with the selection of his literary bestseller, The Corrections.
But what will Oprah's 65th Book Club pick be? Cursory sleuthing on DailyFinance's part reveals that the book, which will be published as a trade paperback on Monday and priced at $20.00 (discounted to $13.60 on Amazon (AMZN), with the Kindle edition priced at $7.99) is published by Penguin. (PSO) The publisher even had a landing page at one point, though it has since been removed (Google Cache, however, saved the details.) Amazon also classifies the book in the "novelty", "fiction-general" and "non-classifiable" categories.
Most notably for the publishing industry, perhaps, is the listed Kindle price: $7.99 is significantly lower than what Kindle books from Penguin and related imprints cost, thanks to their adherence to the agency model, under which retailers take a 30% cut from the digital list price. This model often means customers pay more than they would for books sold by publishers using the wholesale model, under which retailers sometimes discount from the hardcover price and sell at a loss.
Penguin did not respond to requests for comment.