Cover Story: Amazon: The Elephant in the Room
There’s no way around it: The Seattle-based e-tailer has become the
dominant force of change in book publishing today. Whether that’s good
or bad for the industry is no easy question to answer.
A similar note of alarm is sounded by Michael Norris, senior analyst with Simba Information, a market intelligence organization in media and publishing. "I've watched billions of dollars wiped out of the music industry, which is now controlled by only a few huge players," Norris says. "I don't see how the book industry will be healthy if there isn't a diverse number of retailers committed to the product."
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Mark Henricks
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