Showing posts with label publishing. Show all posts
Showing posts with label publishing. Show all posts

22 December 2012

Why Amazon is bad for all of us

Amazon is bad for all of us. Let me explain what I mean. As a hobby, I have started a tiny niche publishing house specialised in Belarusian studies. My first book cost £4 to produce; before Amazon, major book distributors commanded 50% slice of the full price. My book would probably cost £9 then. Now Amazon, virtually controlling the book market in major English-speaking countries, demands at least 70% off. This allows Amazon to offer deep discounts, however, you may have noticed that such discounts are given only to mainstream titles sold also by supermarkets and Waterstones - the only real competitors to Amazon. Via Amazon, my book has to cost at least £12 just to break even if I'm lucky. The problem is not with Amazon as such, of course; a problem is with the economical system favouring market consolidation and concentration of capital. Should we boycott Amazon? I don't think it'll change anything, it's just too late to recover the traditional book market. Just read this and buy another book or, even better, borrow it from a local or college library.