Quote:
Originally Posted by stonetools
What will happen is that the agency model contracts will be renegotiated-something that happens frequently in business. Instead of the division being publisher 70/Amazon 30 , the split will end up something like publisher 60/Amazon20/Apple 20 . Remember, Amazon used to take 70 to publishers 30 prior to last year. That's what the negotiations will be about- a readjustment of who gets what percentage.
I must say, I'm rather touched by your solicitude for Amazon-a big company with an army of lawyers at their command. Trust me, the publishers and the booksellers will take care of themselves.
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In this case they will also take care off Apple buyers (not me, they scared me off for good over a year ago already) and ebook buyers in general in the fight against Apple. Not the lawyers -- this is a matter for the market and not for lawyers. And I don't see an 80-20 split for books either, for magazines, perhaps.
Actually, this rather smells like another attempt by the Apple/big 5 publisher gang to reduce Amazon's influence and push the ibook store.
Yes, the book sellers will take care of themselves --- and Apple can decide if they still want ebook readers to buy their devices or not. My guess is that Apple will back off and quietly negotiate a 2-5% fee. Big Steve will come out and say "this has been a big misunderstanding", wipe the egg off his face, and quietly plan his next attack on Apple buyers.