Quote:
Originally Posted by Fbone
Maybe the publishers were hoping another entity would fill in the retail void.
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Another entity, emerging full-grown out of nowhere to instantly serve 200 markets?
Right. At a time when Borders drew only three half-hearted bids and B&N' best bid isn't much better, some retailing wizard is going to swoop in and rescue the BPHs from their own mess.
You are probably right.
That is exactly the kind of short-sighted magical thinking the BPHs are becoming synonymous with. Nothing like giving Amazon, Walmart, and B&N more market share leverage to squeeze you with.
I've no doubt the geniuses at the two glasshouses can readily rationalize their move as protecting their quarterly bottom line, just as I have no doubt Bezos is rubbing his hands in glee at the free shot at a full 18% of the US market, especially since a good chunk of the sites Najafi was keeping have no real competition anywhere near.
Great long-term thinking, that.
Reminds me of a Geoff Johns quote: "Hope is sitting around doing nothing, waiting for somebody else to solve your problem."