More alarms have gone off lately about the growing power of Amazon.com to dictate…well, just about any aspect of publishing these days.
An excerpt from one recent article:
For book publishers, the relevant market isn’t readers (direct sales are few), but booksellers, and Amazon has firm control of bookselling’s online future as it works to undermine bookselling’s remaining brick-and-mortar infrastructure. Amazon controls every growing segment of the industry: online physical books, downloadable audio books, online used books, and e-books. Amazon commands about 75% of the online market for print books, and 60% of the e-book market (a percentage that decreased from Amazon’s reported 90% two years ago, as a result of agency pricing).
You might want to read the entire article, posted at the website of the Author’s Guild; the article is especially helpful in summarizing some of the background to the latest flurry of worry about Amazon.
Found via The Rumpus