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Scott Turow on why we should fear Amazon
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elgato



Joined: 24 Feb 2005
Posts: 12201
Location: Texas

Posted: Thu Mar 15, 2012 7:26 pm    Post subject: Scott Turow on why we should fear Amazon  

Late last week, the Justice Department warned Apple and five of the nation’s largest publishers that it was planning to sue them for price fixing. At issue is the agency model, a method of wholesaling e-books in which the publisher sets the retail price and the retailer takes a 30 percent cut. Most print and many e-books are sold under the traditional wholesale model, in which publishers sell books at a discounted price, and the retailer can resell them for whatever price it likes.

The unnamed player in this drama is Amazon, which had been selling e-books at a loss until two years ago, when the iPad came along and publishers used the emergence of the new device to pressure the online megaretailer into adopting the agency model, too. If Amazon wanted to sell e-books from the Big Six (as the six largest book publishers are called), it could no longer sell those titles for $9.99.

Publishers actually make less money with the agency model, so why have they insisted on it? The change was designed to limit the growing dominance of Amazon over American book retailing. On Monday, Scott Turow — the bestselling author of “Presumed Innocent” and other legal thrillers, and the president of the Authors Guild — posted a letter to members on the Guild’s web site. In it, he pronounced the Justice Department’s actions bad news for authors, “grim news for everyone who cherishes a rich literary culture,” and (contrary to first impression) ominous for book consumers. I called him up to find out more.

http://www.salon.com/2012/03/13/scott_turow_on_why_we_should_fear_amazon/singleton/
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mojavelyn



Joined: 25 Feb 2005
Posts: 5979
Location: Mojave Desert CA 120 miles from civilization

Posted: Fri Mar 16, 2012 2:50 am    Post subject:  

From my understanding... it seems the JD has this bass ackwards... instead of going after Apple and the Publishers, why aren't they going after Amazon for monopolizing the market?

Be sure to read Turow's letter to the Author's guild too.
http://online.wsj.com/article/SB10001424052970203961204577267831767489216.html
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mojavelyn



Joined: 25 Feb 2005
Posts: 5979
Location: Mojave Desert CA 120 miles from civilization

Posted: Fri Mar 16, 2012 3:46 am    Post subject:  

what this actually is ... is a challange on 1st Sale Doctrine.
http://en.wikipedia.org/wiki/Bobbs-Merrill_Co._v._Straus

As much as I hate seeing Amazon dominate the book world... if they want to take a $5 hit on profits of the sale of ebooks there isn't much the Big 6 can do... fine. But I see it as also an attempt to keep it dominence.

Also, author's must be able to get paid for their work and this is thru the first sale of the printed book, so every copy of the ebook needs to be treated as the first sale. And there will be no 'used' books. AND there won't be any control over copyright and distribution. Meaning ... someone can distribute unauthorized copies and the author won't get paid.
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cohibastore.com



Joined: 15 Sep 2006
Posts: 5143

Posted: Sat Mar 24, 2012 8:05 pm    Post subject: Re: Scott Turow on why we should fear Amazon  

Just becuase they are authors doesn't mean they have brains, or economic sense.
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mojavelyn



Joined: 25 Feb 2005
Posts: 5979
Location: Mojave Desert CA 120 miles from civilization

Posted: Sat Mar 24, 2012 9:54 pm    Post subject:  

No, it takes a really stupid person to create a story and make a living at a typewriter or now a days a computer.

do you think they aren't aware of what is happening in the world?
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armourereric



Joined: 25 Aug 2008
Posts: 135

Posted: Sat Mar 24, 2012 11:46 pm    Post subject:  

I was at an anniversary party the other night and some guy named Balph was talking about an equalization of opportunity law for literature that would fix this problem
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cohibastore.com



Joined: 15 Sep 2006
Posts: 5143

Posted: Sun Mar 25, 2012 9:45 pm    Post subject:  

mojavelyn wrote (View Post): › docWrite("quote")do you think they aren't aware of what is happening in the world?

Just becuase they have creative skills and and intelligence doesn't mean they have clue about how the business world works. The guy who wrote forest gump agreed to 10% of the movie profits, not the gross, thereby costing himself millions becuase he did not know Hollywood studios, like other business, hide as much profit as possible. If a best selling author and his legion of agents and lawyers weren't smart enough to protect him, what makes you all the other authors have a clue about business?

Many people are brilliant/talented in their field but clueless about other aspects of life. It's simply not uncommon.

armourereric wrote (View Post): › docWrite("quote")I was at an anniversary party the other night and some guy named Balph was talking about an equalization of opportunity law for literature that would fix this problem

FYI its UN sponsored idea that would essentially make us all pay to make everything perfectly equal and accessible for everyone, no matter their disability or limitations. Harrison Bergeron here we come! The glory of mundanity!

http://www.un.org/documents/ga/res/48/a48r096.htm
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armourereric



Joined: 25 Aug 2008
Posts: 135

Posted: Sun Mar 25, 2012 11:03 pm    Post subject:  

Actually my post was an "Atlas Shrugged" joke.
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cohibastore.com



Joined: 15 Sep 2006
Posts: 5143

Posted: Mon Mar 26, 2012 3:49 pm    Post subject:  

armourereric wrote (View Post): › docWrite("quote")Actually my post was an "Atlas Shrugged" joke.

Ah, highbrow humour. Wasn't expecting it and took you literally.
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