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In Bloomberg, writer Leonid Bershidsky has a POV on the protracted, lengthy battle between Amazon and Hachette over e-book pricing — a battle that is being framed, at least in the media, as a sign of “the future of books.” It’s a fight that is happening for the profits that are available in the future, one that’s getting vicious as Amazon does have a 65% stake — arguably a monopoly — over the selling of e-books.
Bershidsky, however, feels as if this fight is already obsolete, as the pricing of e-books between publishers and distributor(s) is something that won’t matter in the future, when our book libraries are somewhere in a cloud and no-one actually buys anything — instead, he argues, we’ll rent books from Amazon the way some people apparently rent movies from iTunes. … Read More
Bershidsky, however, feels as if this fight is already obsolete, as the pricing of e-books between publishers and distributor(s) is something that won’t matter in the future, when our book libraries are somewhere in a cloud and no-one actually buys anything — instead, he argues, we’ll rent books from Amazon the way some people apparently rent movies from iTunes. … Read More
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