Posts Tagged: gilded ages
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All Hail the Mega Media Monopolies

The book industry is getting comfortable with the m-word: They are beginning to like the way it feels when it leaves their lips, the way it reads in interviews, the way it sounds in public conversation. Popular airport storyteller James Patterson recently told BookExpo: "If Amazon’s not a monopoly, it’s the beginning of one."

Amazon's pointedly cold conflict with Hachette, a company with a major part in Amazon's past and little obvious role in its future, at first felt personal—like, there must have been some bad blood, or a grudge, for Amazon to effectively de-list one of the largest publishers in the world, right? But the reality is [...]