Pando Daily: Confessions of a Publisher: “We’re in Amazon’s Sights and They’re Going to Kill Us”

What: 
   A letter from a publisher clearly laying out how and why Amazon is about to destroy the publishing industry.

Thoughts: 
   If this is true, which I believe it is, this will have a significantly positive impact for consumers and authors. It will cut out many of the inefficiencies rampant throughout paper publishing and take less money from consumers while putting more money into the hands of authors. Having a primarily digital marketplace will also create a lower barrier to entry allowing more players to get into the digital publishing game, which will eventually lead to greater benefit for both the consumer and author.

I feel bad for publishers, hopefully they can find a place in the new digital publishing industry.


Read More: http://pandodaily.com/2012/01/17/confessions-of-a-publisher-were-in-amazons-sights-and-theyre-going-to-kill-us/