Amazon Sees Individuals as the Future of Publishing

Jeff Bezos

Image via Wikipedia

What is a book? What is a publisher?
Fortune Magazine interviews Amazon Founder Jeff Bezos.
Like many entrepreneurs, Jeff Bezos gets his inspiration in the shower.
Fortune Magazine recently interviewed the Amazon founder on the direction of publishing and Amazon’s Kindle: the portable electronic book reader.
The showers seem to work. Amazon’s profit is up 68% ($299 million) from a year ago, and the online publisher accounted for about 80% of all electronic book sales last year in 2009.
So what is the future of content sales for the sales giant, Amazon?
Bezos says its building a more flexible company that’s always experimenting to stay customer-centric. He holds the same idea for the future of content consumption in asking the question of “what is a book?” His answer is, the book itself is the narrative. Narrative is “the thing that people create.” Not the ink, paper or binding; the content.

The Future of Publishing

Thus, Bezos looks to harnes Amazon’s future around content creation and distributed consumption.
“What you’re going to see [in the future] is a share shift from one group of publishers to this other group of publishers.”

What will be Amazon’s Killer App?

Its clear that Bezos sees it as facilitating the tipping point when the multitude of individual publishers using low cost, free self-publishing services like Blurb, Lulu, Scribd, or Amazon’s own CreateSpace, offering lower prices, will tip the publishing market power to drive more consumers.
More publishers, lower cost of production, lower prices. Bezos may have his finger on the pulse of the future of publishing and who will be the future publishers.
Read the full post here.
Advertisements

0 Responses to “Amazon Sees Individuals as the Future of Publishing”



  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




Subscribe

AddThis Feed Button

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 33 other followers

My Tweets

Social Minded

RSS Social Media in the News

  • Facebook totally dominates the list of most popular social media apps - Business Insider July 27, 2017
    Business InsiderFacebook totally dominates the list of most popular social media appsBusiness InsiderThat Facebook rules over these specific types of apps is significant, because social media platforms are particularly powerful for advertisers that want to target people's interests as precisely as possible. Not surprisingly, putting ads in front of ...a […]
  • Anthony Scaramucci outburst prompts huge reaction on social media - The Guardian July 28, 2017
    The GuardianAnthony Scaramucci outburst prompts huge reaction on social mediaThe GuardianAnthony Scaramucci's foul-mouthed rant against his White House colleagues has provided a field day for wags and wits on social media. Anthony Scaramucci: who is new White House communications director? Read more. Donald Trump's new ...New White House coms direc […]
  • Family's Terror Lawsuit Against Social Media Giants Goes Before ... - NBC Bay Area July 28, 2017
    NBC Bay AreaFamily's Terror Lawsuit Against Social Media Giants Goes Before ...NBC Bay AreaThe family of a young woman killed in a Paris terror attack two years ago is accusing social media of helping fuel such attacks in what could be a ...and more »
  • Trent Reznor ponders social media, tech execs as rock stars - CNET July 28, 2017
    CNETTrent Reznor ponders social media, tech execs as rock starsCNETIn a recent interview with Vulture, Apple Music exec and Nine Inch Nails frontman Trent Reznor had a word or two to say about music stars with vast social media presences. He admitted that seeing some stars so open and active on social media has ...and more »
  • How To Avoid Making A Dick (Pic) Of Yourself On Social Media - Huffington Post Australia July 28, 2017
    Huffington Post AustraliaHow To Avoid Making A Dick (Pic) Of Yourself On Social MediaHuffington Post AustraliaManaging your own social media is an important skill in the world we now live in. The easiest way to look well, crazy, is to manage it badly. No-one ever gets it right all of the time, not even politicians. Managing your social media can be like tryi […]
  • Fact Check: Rumored crime statistics in Redding circle social media - KRCRTV.COM July 28, 2017
    KRCRTV.COMFact Check: Rumored crime statistics in Redding circle social mediaKRCRTV.COMREDDING, Calif. - Fake news has been a part of daily conversation across the United States for some time, especially on social media. Often times, part of that includes statistics that circulate without any fact-checking, perspective, or citing of sources.

Follow Me

Paypal