I can’t seem to stay away from articles about disruption and disintermediation in the publishing industry, and especially those about Amazon’s role in it. So here are a few articles of potential interest, and some comments on them.
In “The Trouble With Amazon“, author/publisher/consultant/etc Thad McIlroy opines about Amazon’s recent foray into vertical integration and publishing. In this article, Thad suggests that the real danger Amazon presents to the publishing industry is not their mucking about in the publisher’s playground, but their bread-and-butter core business of bookselling. The problem, he suggests, is that Amazon is systematically devaluing books. His article includes this painfully true zinger:
Writing has become badly debased when a $4.99 e-book is thought overpriced, but people will line up at six in the morning in front of an Apple store to pay $499 for the skinny tablet to read it on.
Thad outlines a number of other problematic practices of Amazon – censorship, remote deletion of books, contrarian e-book format support (and opposition to industry-accepted standards), and so on. All of these problems boil down to one over-arching concern: market power.
Thad concedes that “Amazon does not have a monopoly on selling e-books”, though it has much of the power of one, and then suggests perhaps Amazon is an “oligopoly”.
This is where I part ways, somewhat, with the article. Continue reading