The price of books keeps creeping up as time goes on, just like anything else. Mass markets that were $6.99 last year are being upriced to $7.99, hardcovers are as expensive as ever, trade paperback price points are escalating by a dollar or two in places, and even MM value promotions have gone up from $3.99 to $5.99 since my start in the industry. But a 1.12 million dollar price tag? Unheard of!
According to CBC news in Canada, Kraken Opus, a fancy UK publisher, recently announced a 850-page wine book that is expected to retail for £640,000--The Wine Opus. The book will discuss the top 100 wineries in the world, a list that will be compiled by the "United Nations of Wine" (who knew?). Sure, consumers will receive six bottles of wine from each of said wineries, but this is just absurd.
So, remember, even though prices are increasing at a rather shocking percentage, it could always be worse!