Hatchette will be the least of Amazon’s worries in the near future. If I were them, I would just try to wrap the spat up.
Because Simon and Schuster and News Corp has next when they come up for renegotiation. If Amazon is already blocking pre-orders of books from names such as J.K. Rowling, Nicolas Parks and James Patterson, you know they will block Veronica Roth, Stephen King and any and everyone on the HarperCollins and Simon and Schuster rosters.
Clearly, Simon and Schuster and News Corp have been sitting in the cut, observing the Amazon/Hatchette spat. Make no mistakes about it. So with that said, I think that publishers should collaborate and strong arm Amazon. They better, because what Amazon is going for is a larger percent of the retail price. If that happens, that could mean lower fees for authors. So what was once 25 percent of the publisher’s take on sales could be wittled down to 15 to less than 10 percent. Amazon on the other hand, will continue to win because by getting a bigger chunk of the retail price, the mega retailer can discount more while retaining the profit.
If I were these publishers, I would create my own ebook biz and not sell ANYTHING to Amazon. By doing this, publishers and authors can sell directly to the consumers. Look at all of the music artists starting their own “labels”. Thanks to itunes and even Napster before them, the only value that a record label has now is management and marketing. It’s the same thing going on in publishing right now. There is no need for the middle man.
Another thing that the publishers can do is revise their relationship with Apple. Before the Justice Department popped Apple and publisher for collusion, Apple took a 30 percent cut of each e-book sold through iTunes and their ibookstores. Another option is to collab with them again and maybe appeal the Justice departments’ decision. The way I see it is Amazon is trying to make the publishers be in collusion with them. The difference is Apple was at least trying to hide their greed.
The bottom line is the outcome of this feud will change the landscape of literature as we know it. Its worth it for the publishers to come together and plan.
So what do you think the next move should be and Why? I would love to read your opinions on here or you can hit me up on my facebook (www.facebook.com/ jannelle1) or tweet me @jannelle12 directly or you can sound off in the comments section here on Straight No Chaser