[T]he chapter has become a way of looking at the world, a way of dividing time and, therefore, of dividing experience. Its origins date back to long before the printing press or even the bound codex, back to the emergence of prose in antiquity as both an expressive and an informational medium.
He doesn't like it, but that's no surprise. Still, his arguments are interesting. Publishers Weekly reports.
Wylie suggested it was a mistake for publishers to have ever agreed to give Amazon--which he accused of having “taken the business and distorted it radically,” --30% of digital profits as the music industry had given Apple.
And also:
As long as publishers “don’t blink” at this crucial time, Wylie said, "...Amazon, is going to be buried and in which plot of sand they will be stuck, [publishers] will be able to raise the author’s digital royalty to 40% or 50%,” he said. “Writers will begin to make enough money to live.”
While Amazon’s critics reflexively call the retailer a monopoly, Green notes that a company which commands overwhelming market share—Amazon is estimated to sell 60% of all e-books, and 40% of all print books—is not necessarily a monopoly. He writes that despite the company's dominance, "proving Amazon is a monopoly, let alone an abusive one, wouldn’t be easy. In legal terms, the word monopoly relates to a company’s ability to control a defined market because of a lack of competition. While there’s not a specific market-share number that defines a monopoly, the threshold is typically quite high."
And, also, this:
U.S. antitrust law focuses on harm to consumers, not to producers or suppliers. Amazon may well be squeezing publishers to get lower prices. But the damage to publishers, or the authors whose works they publish, isn’t likely to hold much sway with courts, said Eleanor Fox, a New York University Law School antitrust-law professor."
The mechanisms for the AMZN squeeze are in place," Tamblyn wrote, "agreements allow it. Self-pub inclusion in Select, Unlimited, KOLL are early examples. Amazon can and will, as a business, do what it needs to do to _all_ suppliers in time to improve profitability and grow share...The litmus test for an indie author: could your income survive a conflict with Amazon? If not, it's worth thinking about how you could.
Some insiders--all who spoke off the record, and with the caveat that they had no inside knowledge of the specifics--speculated that S&S may have agreed to give Amazon more coop money.
Origami Unicorn, news, reviews, essays; Catherine Mintz, a commentary on things of interest. Origami Unicorn is copyright 2006-24. Catherine Mintz is copyright 2006-24.
Andrew Wylie and Amazon
2014.10.29 in Books, Bookselling, Commentary, News, Publishing, Writing | Permalink | TrackBack (0)
Tags: Amazon, Andrew Wylie, opposed, profit margins, projections
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