When will publishers wake up to the challenge of Amazon?

The books industry still underestimates the disruptive power of Jeff Bezos's awesome ambitionSo Amazon are the bad guys, again. At least according to Harper's Magazine they are. For the former Amazon employee James Marcus, Brad Stone "drops the ball" in his biography of Jeff Bezos, The Everything Store, when he accepts "what is literally the company line – that these extorted dollars 'create the foundation on which everyday low prices become possible'." Marcus tells how some publishers are being "pressured" to pay "for the privilege of presenting their lists to [Amazon] marketing team and buyers" – a story denied in a footnote by an unnamed "Amazon spokesperson" – and goes on to assemble an impressive rap sheet of sharp practice:Of course it's legal. So is Amazon's control of an estimated 65 percent of the ebook market, a near monopoly that's apparently of no concern to the supine Department of Justice. So is its bare-bones price of $9.99 for popular ebooks, a loss-leading tactic that might be classified as predatory pricing if there weren't so many legal hurdles to making such a charge stick. So is the funneling of its British revenues through a subsidiary in Luxembourg ...... and on it goes. But Amazon's aggressive style of doing business is nothing new. What astonishes me is the continuing ability of publishers to underestimate how radically Amazon has changed the industry.Mike Shatzkin is one of those who have understood Amazon's disruptive power all along. But such... Continue reading at 'The Guardian'

[ The Guardian | 2013-12-13 00:00:00 UTC ]
News tagged with: #literary culture

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Publishers Are Urged to Monitor Amazon Buy Buttons

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[ Publishers Weekly | 2018-03-23 00:00:00 UTC ]
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SoA challenges publishers to reveal how much they pay authors

The chief executive of the Society of Authors has challenged publishers to reveal how much they pay writers in their annual financial accounts. Continue reading at The Bookseller

[ The Bookseller | 2018-03-03 00:00:00 UTC ]
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Amazon Publishing Debuts Topple Books Imprint

Jill Soloway, LGBTQ activist and creator of the Amazon TV shows 'Transparent' and 'I Love Dick,' has been named head of Topple Books. The new Amazon Publishing unit will focus on works by women of color, as well as writers who identify as queer and/or gender nonconforming. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-27 00:00:00 UTC ]
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Self-Censorship in Publishing Today: World Industry Leaders on a Subtle, Growing Challenge

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[ Publishing Perspectives | 2018-02-22 00:00:00 UTC ]
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Publishers challenge HEFCE over OA monograph plans

University press publishers have challenged the head of research policy at funder HEFCE over plans to require all monographs to be published Open Access to be eligible for the 2027 Research Excellence Framework (REF).  Continue reading at The Bookseller

[ The Bookseller | 2018-02-15 00:00:00 UTC ]
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Deacon to lead Amazon Publishing UK

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[ The Bookseller | 2018-01-24 00:00:00 UTC ]
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Publishers Offer Parents Guidance In Challenging Times

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[ Publishers Weekly | 2018-01-24 00:00:00 UTC ]
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Driscoll signs new two-book deal with Amazon Publishing

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[ The Bookseller | 2018-01-20 00:00:00 UTC ]
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Publishers, already shifting dependence from Facebook, are expected to accelerate that in wake of news feed change

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[ Digiday | 2018-01-14 00:00:00 UTC ]
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Friday Wake-Up Call: Facebook Deals a Blow to Publishers, and Marriott Gets Punished For a Gaffe

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[ Advertising Age | 2018-01-12 00:00:00 UTC ]
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Wednesday Wake-Up Call: The Future of Ads on Amazon's Alexa. Plus, Diageo Suspends Snapchat Ads

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[ Advertising Age | 2018-01-03 00:00:00 UTC ]
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Industry Notes: Paul Auster at Guadalajara; Amazon Publishing on Short Writings

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[ Publishing Perspectives | 2017-11-29 00:00:00 UTC ]
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Amazon Publishing Launches New Imprint

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[ Publishers Weekly | 2017-11-28 00:00:00 UTC ]
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Amazon Alleges Violations by KDP Authors, Publishers

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[ Publishers Weekly | 2017-09-07 00:00:00 UTC ]
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Amazon's Naggar tells publishers to slash ebook prices

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[ The Bookseller | 2017-09-06 00:00:00 UTC ]
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Self-published archaeological thriller takes £20,000 Amazon award

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[ The Guardian | 2017-07-28 00:00:00 UTC ]
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[ Digiday | 2017-07-21 00:00:00 UTC ]
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[ Digiday | 2017-07-17 00:00:00 UTC ]
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Best of the week: Publishers are embracing Amazon

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[ Digiday | 2017-07-07 00:00:00 UTC ]
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Amazon Sets Up Shop in the Heart of the Publishing Industry

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[ The New York Times | 2017-05-24 00:00:00 UTC ]
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