Nigel Newton, chief executive of major publisher Bloomsburry, expresses
his worries over Google's digitization project that could lead to the "Napsterization" of the publishing industry. He warns:
"We are being given an opportunity to undermine our industry. It may not seem inherently scary at the moment. But my concern is what this will lead to in 10 years. We are opening a Pandora's Box, and we have no idea where it will lead. We just don't know, once they have this material, what they will do with it."
It appears guys like Newton of the book publishing company want to repeat the same follies of their colleagues in the music and movie industry. Those who do not learn from history are doomed to repeat it.