Amazon CEO Jeff Bezos took the stage at a large airplane hangar in Santa Monica, Calif., this morning and presented a dazzling, methodical, hourlong disquisition on the state of the technology business. He began by explaining why most of the iPad’s competitors have failed: “They’re gadgets,” he said, “and people don’t want gadgets anymore. They want services that improve over time.” He spent five minutes explaining Amazon’s rock-bottom pricing strategy. The company, he explained, aims to “align with our customers,” so the firm only makes money when people “use our devices, not when they buy our devices.” Bezos beamed as he showed how Amazon is remaking the book business. In the first year after getting a Kindle, people buy nearly five times as many books, he said. That should put a stop to the snobbish argument that Amazon is killing “literary culture.” Continue reading at 'Slate'
[ Slate | 2012-09-07 00:00:00 UTC ]
BlogHer co-founder and CEO Lisa Stone sounded triumphant today in San Diego, where her women-focused blog and advertising network was hosting its seventh annual BlogHer conference. More than 3,500 bloggers were in attendance, and the company announced some new partnerships like the "Live Well... Continue reading at AdWeek
[ AdWeek | 2011-08-06 00:00:00 UTC ]
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Much has been made about the importance of bricks-and-mortar bookstores as showrooms, places that will help prevent the book business from going the way of the music industry as the sales of digital books grow. But hundreds of showrooms and thousands of square feet of book retail space are about... Continue reading at Publishers Weekly
[ Publishers Weekly | 2011-08-05 00:00:00 UTC ]
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With the effect of the recession steadily, if slowly, fading, and the industry getting a better grasp on the role ebooks will play in its future, the 2011 edition of BookExpo America was the most vibrant since the economy collapsed in late 2007. BEA event director Steve Rosato noted that with... Continue reading at Publishers Weekly
[ Publishers Weekly | 2011-05-30 00:00:00 UTC ]
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