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Tuesday, April 16, 2013

Amazon Angst - The Continuing Saga (Chapter 1000, I Believe!)

Is this true: 'Amazon has got so big it is now
not competing but destroying the competition.'?
 Amazon, Amazon, Amazon, who, indeed, art thou --- saint or satan?
Not everyone experiences angst over the ‘Big A’; about half according to my own experience.

Some defend Amazon’s aggressive business practices to the death, claiming edgy competitiveness and sharp business practices while others shout foul, foul, foul! You crossed the line! You are blowing up the bookstores and bookseller biz! And fuck you, too!! Blah, blah.

Apparently, even with all the banter from both sides of this issue, the verdict is still out on Amazon’s motives and reputation.

An excellent example of this opinion split is presented tonight through the divergent stances between two publishing professionals: Tim Godfray, chief executive of the Booksellers Association and Eoin Purcell, commissioning editor at Irish publisher: New Island Books.

From Independent Online (iOL), scitech, by Russell Lynch:

Amazon ‘destroying’ publishing industry
·        Amazon launches Coins
·        Kindle reader hits Brazil
London - Online giant Amazon is harming the books industry and threatens to “destroy” competition, the head of Britain's booksellers has warned.
“Amazon is a negative influence on today's publishing industry,” Tim Godfray, chief executive of the Booksellers Association, told a panel at the London Book Fair.
“Amazon has got so big it is now not competing but destroying the competition.”
Mr Godfray said the internet giant is dictating tougher terms from publishers and is improving its own margins further by funnelling most of its £3bn of UK sales through Luxembourg to avoid British corporation tax.


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