What this does is accentuate the trend towards best sellers dominating the market. You have a choke point where millions of writers are trying to reach millions of readers, but if it all has to go through a narrow funnel where there are only four or five buyers deciding what’s going to get published, the business is in trouble.
William Petrocelli, an owner of Book Passage, an independent company that has stores in San Francisco and suburban Corte Madera, California, commenting in the New York Times on the price wars that emerged yesterday between Amazon and Walmart on upcoming releases.
1 comment:
Curious to see what happens in a world where we are willing to pay for nothing.
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