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Commented on A footnote about the publishing industry
Thing is, that model is worse for publishers than it looks. And it looks like firing 3\4 of your staff. The problem is that, if you primarily distribute ebooks, your main value-add is in editing. Frankly, I rarely notice a...
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Commented on Amazon: malignant monopoly, or just plain evil?
...although imperfect..you can get samples...and there are lots of random search options. I prefer bookstores for browsing, but not so much that I would spend half an hour traveling to one...I have discovered most of the truly random books I've...
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Commented on Amazon: malignant monopoly, or just plain evil?
I suspect that Amazon is more ambitious than you suspect. Bezos's actions fit well with assuming that he believes that the publishing market has 2 local equilibria - the current one being 'publishing-first' - where printing, marketing, distribution, and physical...