So much has changed in our business. E-books, that's been one of the principal developments. There has been also the failure of Borders and the rise of Amazon, just to name two others.
Sentiment: NEGATIVE
It seems the world of book publishing is constantly changing. Whether it was the rise of chain stores or their decline, or the digital revolution... fortunately, we have been able not only to adapt but to thrive.
I think the purveyors of e-books are only too happy for this atmosphere of 'everything belongs to everybody' to increase because it means they don't have to think so much about the original maker of the thing, or they can get away with paying them less.
To many book professionals, Amazon is a ruthless predator. The company claims to want a more literate world - and it came along when the book world was in distress, offering a vital new source of sales.
Borders had lousy management and made bad corporate decisions, so its fate is less like a terrible accident than a slow-motion slide into a ditch, but it's hard to be happy about a bookseller's demise.
Amazon thrived because it implemented the online bookstore idea better than any of its early rivals did, not because it was the only company to have the idea or the first company to have the idea. It continues to grow only because it keeps trying to improve on the details of the idea and the way it puts it into practise.
With all of their benefits, and there are many, one of the things I regret about e-books is that they have taken away the necessity of trawling foreign bookshops or the shelves of holiday houses to find something to read. I've come across gems and stinkers that way, and both can be fun.
Amazon is a marvelous conglomeration and delivery system for products of every imaginable function. But the book 'business' is really not the same as the sale of lawn rakes or adapters for telephones.
What we want to be is something completely new. There is no physical analog for what Amazon.com is becoming.
It seems preposterous now, but Amazon began as a bookstore.
When a single author uploading his own books to Amazon can earn more money than a large N.Y. publisher exploiting both print and e-rights, there's something amiss.
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