Thread: Amazon destroys the book industry again
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Old 04-07-2012, 11:09 AM   #47
sabredog
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Quote:
Originally Posted by HarryT View Post
But it took Amazon many years of investment and loss-making to put that infrastructure in place before they started to show a profit. Should they be "brought to their knees" because they've succeeded in creating a successful business?

We call that the tall poppy syndrome down under. Amazon succeeded by sensing the change in the way books and products were going to be marketed. Other, older companies, including the Agency 6, took quite some time to realise change was on the way and have tried since that point to stall those changes or to pretend they were not occurring.

Amazon is succeeding, the others not so. Lots of jealousy, envy and now fear/smear campaigns have begun.

Amazon is no white knight, but neither are any of the other big 6.
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