November 22, 2012

The Book Publishers Can't Beat Amazon

Sarah Lacy, Pando Daily

AP Photo

Still profitable, but under serious threat from Amazon and the shifting digital sands beneath their feet, publishers are opting to fight back by merely getting bigger. Random House and Penguin are tying up in a $2 to $3 billion deal, and the Wall Street Journal reports that HarperCollins and Simon & Schuster are mulling a deal as well. This would leave an industry already dominated by six big publishing oligarchs even cozier — and significantly more lopsided with two big giants and two smaller companies.

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TAGGED: Amazon


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The Amazon of China E-Commerce
The Economist
IT IS “one of the few bright spots in the Chinese economy,” says Zeng Ming. He is talking about e-commerce. Mr Zeng, the chief strategy officer for Alibaba, a giant Chinese internet firm, predicts that digital... more ››
November 20, 2012
The Best Kindle Fire Yet
Eric Franklin, CNET
If you're looking for a pure media consumption experience, the Kindle Fire HD 8.9 delivers better than any tablet before it. People looking for something more utilitarian, however, will want to look elsewhere. more ››
November 16, 2012
Amazon's Jeff Bezos: The Ultimate Disrupter
Adam Lashinsky, Fortune
Jeff Bezos likes to read. That's a dog-bites-man revelation if ever there was one, considering that Bezos is the cerebral founder and chief executive of a $100 billion empire built on books. More revealing is that the Amazon... more ››
November 14, 2012
Amazon's Not a Cable-Killer Just Yet
Dan Seifert, The Verge
Twenty-two million. That’s how many books, movies, TV shows, songs, apps, and games that Amazon boasts are accessible through its Kindle Fire tablets and other devices. The massive internet retailer has made a very... more ››
November 14, 2012
Obama's Reelection, Amazon & a Narwhal
Sean Gallagher, Ars Technica
The reelection of Barack Obama was won by people, not by software. But in a contest as close as last week's election, software may have given the Obama for America organization's people a tiny edge—making them by some... more ››