Word: amazon
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...canopy to the south, Ivan, a Quichua Indian, has spotted three macaws in flight. Moments later, binoculars train to a pair of white-throated toucans, and my group murmurs in excitement. The next item noted by our guide Oscar, however, is not a rare bird, deep in the Amazon rainforest: “Over there, the government has authorized a new, private highway from the coast to here...
...Amazon Encore pans out, what's to stop authors from signing directly with bookstores and cutting publishers out of the loop completely? U2 and Madonna don't have deals with record labels anymore; they did their deals with a concert promoter, LiveNation. That stuff that the labels used to do - production, promotion, distribution - it's just not that hard to DIY now or buy off the shelf. It's the same with publishing. Amazon could become the LiveNation of the book world, a literary ecosystem unto itself: agent, editor, publisher, printer and bookstore. It probably will...
...Falling But it's a big leap from there to concluding that publishers are going to perish or that Amazon wants them to. It's true that Amazon plays hardball with them, but that's partly because the online-book world - unlike the real-life Amazon - isn't particularly biodiverse yet. If publishers aren't in a position to check Amazon directly, the market is, or it will be. There will be some painful scenes while we wait for that to happen, but already Google - a company that never met a loss leader it didn't like - has announced...
...Amazon the publisher, it's hard to imagine it competing seriously with conventional publishers. Its DNA is just too alien. When Amazon uses its customer base to crowd-source editorial selection, it's doing something radically different from what regular publishers do. "This is a very different method of discovering books than the more classic publishing process," Grandinetti explains. "The robustness of Amazon customer data is a different view into what people are looking for in a book...
...Read "Amazon Kindle Users Are Older Than You Think...