Amazonian Clout

Writing about web page http://mhpbooks.com/mobylives/?p=11367

Further evidence that the publishing industry is reaching a crisis, to go hand in hand with the closure of Borders, one or two Christian-focused bookshop chains and various independent book shops, over December:

The move by three of New York’s big six conglomerate publishers — Simon & Schuster, the Hachette Book Group, and HarperCollins – to stand up to Amazon’s drastic discounting demands took a perverse twist yesterday when Amazon did what it does: act thuggish when it’s time to negotiate

...

this isn’t a war about pricing as much as it is about standing up, finally, to Amazon.com and its destructive behavior towards the entire industry.

Full article here.

George Ttoouli : 30 Jan 2010 09:00 |  Tags: Amazon Crisis Publishing |  Comments (0) |  Trackbacks (1) |  Report a problem