Full article link:
http://online.wsj.com/article/0,,SB1...609784,00.html
I love this quote:
"They're training their customers away from brand name authors and are instead creating visibility for self-published titles" ... they who? The indie authors? You mean ... they want people to buy their books instead of books by other authors? How *shocking!*
Or is "they" referring to "Amazon," who takes a cut of every sale, and makes more money on a two dozen $2 sales than a single $48 sale?
Why should Amazon promote big-name authors & publishers more than the indie ones? They make more money (per sale) on some of the indie books, and they've no incentive to encourage big-name publishers over small ones.
"Amazon says its studies have shown that digital titles sold by publishers using agency pricing aren't showing the same rate of unit growth as books that Amazon can discount."