Wednesday, July 2nd, 2014
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Hostage Situation Ongoing

It has been more than a full moon cycle since one was able to purchase books published by Hachette in a reasonable manner from Amazon, which—despite selling books largely as an accident of history, and now essentially vestigially—has a forty percent share of new book sales in the U.S. But this hostage situation will apparently see only one resolution: the complete and utter capitulation of Hachette to whatever Amazon is demanding. Russ Grandinetti, a Kindle executive, told the Wall Street Journal that Amazon "was willing to suffer some damage to its reputation and was simply doing what is 'in the long-term interest of our customers.'" Books were nice while they lasted, right?

2 Comments / Post A Comment

Astigmatism (#1,950)

I sure am glad that the Justice Department stopped Apple and the publishers from their dangerous, consumer-harming monopoly.

Mr. B (#10,093)

@Astigmatism Long-term viability is anti-American.

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