"Were in Amazons sights, and theyre going to kill us." • 20 January 2012 • The SnowBlog
"Were in Amazons sights, and theyre going to kill us."
I'm quoting from an article at Pando Daily where Sarah Lacy interviews an anonymous, but nevertheless quoteworthy publisher:
Long-term theres no future in printed books. Theyll be like vinyl: pricey and for collectors only. 95% of people will read digitally. Everybody in publishing knows this but most are in denial about it because moving to becoming a digital company means laying off like 40% of our staffs. And the barriers to entry fall, too. We simply dont want to think about it. Amazon is thinking about it, though, and theyre targeting the publishers directly."
To be honest, publishing is a quaint little industry based on romance and low profit margins. But now were in Amazons sights, and theyre going to kill us."
Provocative and polemic. Over the top, maybe. But I did have a brief moment while reading the article where I thought, "of course. this is all true." Probably because it's just a flashy and slightly paranoid version of what's been swirling around in my brain for a while now.