Register Guidelines E-Books Search Today's Posts Mark Forums Read

Go Back   MobileRead Forums > E-Book General > News

Notices

Reply
 
Thread Tools Search this Thread
Old 08-10-2019, 09:14 PM   #16
crich70
Grand Sorcerer
crich70 ought to be getting tired of karma fortunes by now.crich70 ought to be getting tired of karma fortunes by now.crich70 ought to be getting tired of karma fortunes by now.crich70 ought to be getting tired of karma fortunes by now.crich70 ought to be getting tired of karma fortunes by now.crich70 ought to be getting tired of karma fortunes by now.crich70 ought to be getting tired of karma fortunes by now.crich70 ought to be getting tired of karma fortunes by now.crich70 ought to be getting tired of karma fortunes by now.crich70 ought to be getting tired of karma fortunes by now.crich70 ought to be getting tired of karma fortunes by now.
 
crich70's Avatar
 
Posts: 10,931
Karma: 35027022
Join Date: Feb 2010
Location: Monroe Wisconsin
Device: K3, Kindle Paperwhite, Calibre, and Mobipocket for Pc (netbook)
Quote:
Originally Posted by Anabana View Post
A bit more on OT Frustrations...

Here are some excerpts from a Forbes article written by Brittain Ladd (forbes.com Jul 29, 2018):

[Amazon is big, but it controls only 5% of all retail sales in the U.S. and only 1% globally, according to Jodi Seth, head of policy communications for Amazon. By 2020, the number is estimated to increase to 10% of all retail sales in the U.S.]

[According to the United States Department of Justice, "as a practical matter, a market share of greater than 50% has been necessary for courts to find the existence of monopoly power."]

Perhaps some divisions (BOOKS?) will reach 50%(?) and be subject to scrutiny. Would the books that are sold by Amazon be separate from those sold by Amazon sellers? Not sure what the % might be for each side of that market...
Now if they wanted to start a suit about eyeglasses they might have a case. I understand that business is almost (if not) a monopoly and that that's why the cost of glasses to the consumer is so high.
crich70 is offline   Reply With Quote
Old 08-10-2019, 09:14 PM   #17
MGlitch
Guru
MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.
 
Posts: 994
Karma: 3713192
Join Date: Aug 2014
Device: Kobo Forma
If I recall the Nook split was more Barnes and Noble opting to outsource everything which means they’ still paying for it, but presumably they’d be paying less now then they were when they were doing everything themselves. So it’s still something that Elliot might nix especially if it’s not profitable on its own. The utter lack of Nook support in many B&Ns across the country would seem to indicate that despite the above change Nook doesn’t turn a profit but it’s been awhile since I paid attention to Nook.
MGlitch is offline   Reply With Quote
Advert
Old 08-11-2019, 01:52 AM   #18
Froide
Wizard
Froide ought to be getting tired of karma fortunes by now.Froide ought to be getting tired of karma fortunes by now.Froide ought to be getting tired of karma fortunes by now.Froide ought to be getting tired of karma fortunes by now.Froide ought to be getting tired of karma fortunes by now.Froide ought to be getting tired of karma fortunes by now.Froide ought to be getting tired of karma fortunes by now.Froide ought to be getting tired of karma fortunes by now.Froide ought to be getting tired of karma fortunes by now.Froide ought to be getting tired of karma fortunes by now.Froide ought to be getting tired of karma fortunes by now.
 
Froide's Avatar
 
Posts: 1,847
Karma: 9614755
Join Date: Mar 2012
Location: Noo Yawk
Device: NOOK HD, Samsung GS7, Laptop, Desktop. RIP: Palms, NOOK Tablet, SGS4
Quote:
Originally Posted by fjtorres View Post
The deal closed this week.

https://www.publishersweekly.com/pw/...se-of-b-n.html

It's final.
Thanks! (I got called away before getting a chance to add the follow-up news that the deal's now final.)
Froide is offline   Reply With Quote
Old 08-11-2019, 08:09 AM   #19
pwalker8
Grand Sorcerer
pwalker8 ought to be getting tired of karma fortunes by now.pwalker8 ought to be getting tired of karma fortunes by now.pwalker8 ought to be getting tired of karma fortunes by now.pwalker8 ought to be getting tired of karma fortunes by now.pwalker8 ought to be getting tired of karma fortunes by now.pwalker8 ought to be getting tired of karma fortunes by now.pwalker8 ought to be getting tired of karma fortunes by now.pwalker8 ought to be getting tired of karma fortunes by now.pwalker8 ought to be getting tired of karma fortunes by now.pwalker8 ought to be getting tired of karma fortunes by now.pwalker8 ought to be getting tired of karma fortunes by now.
 
Posts: 5,469
Karma: 26208354
Join Date: Dec 2006
Location: Atlanta, GA
Device: iPad Pro, iPad mini, Kobo Aura, Amazon paperwhite, Sony PRS-T2
Quote:
Originally Posted by fjtorres View Post
It is very unlikely though not impossible.

It has happened once, that an antitrust judge allowed a trial by accepting a biased and carefully sculpted definition of "relevant market" designed to exclude most competitors. Despite this, the judge was forced to issue a judgment of no harm done and had to settle for branding the target as a "monopolist". It cost them respectable money but they survived, outlived the instigators, and are currently prospering. Unlike the judge's reputation. Abusing the legal system quietly ended his career. No citations, no significant cases.

It might happen again but as I said it is unlikely.

A more relevant case was the merger of Random House and Penguin who at the time controlled the copyright of half the BPH books, not just retailed them. The feds shrugged, said the publishing world is much bigger than trade books, and rubberstamped the deal.

Moral: the relevant market for antitrust in publishing is *all* the books sold in the US, $27B, not the $14 billion sold to consumers through trade books,of which Amazon moves about half. That's maybe $7B of the $27B market, or about 26%. Nowhere near a monopoly even in publishing alone.

Not even a hanging judge can pretrend there's a case there.

Besides, the real issue isn't that Amazon is too strong but that everybody else is too weak.
Maybe Daunt can do something about that.
Dream on. Anti-trust is as much political as it is legal, i.e. who the feds choose to file charges again. Bezos might just find that dabbling so much in politics has a cost. Is there a legit case on anti-trust with Amazon? Of course. You can spin the numbers however you like to try to favor your beloved Amazon, but they do control significant portions of the book market and Amazon's preference of playing hardball can come back to haunt them.

It does very much depend on the judge. Some judges favor the Bork view of anti-trust, i.e. who is harmed. This view holds that for it to be anti-trust, the consumer has to be harmed, not just competitors. The more traditional view is that certain practices are per se violations regardless of who is harmed or not.
pwalker8 is offline   Reply With Quote
Old 08-11-2019, 05:51 PM   #20
barryem
Wizard
barryem ought to be getting tired of karma fortunes by now.barryem ought to be getting tired of karma fortunes by now.barryem ought to be getting tired of karma fortunes by now.barryem ought to be getting tired of karma fortunes by now.barryem ought to be getting tired of karma fortunes by now.barryem ought to be getting tired of karma fortunes by now.barryem ought to be getting tired of karma fortunes by now.barryem ought to be getting tired of karma fortunes by now.barryem ought to be getting tired of karma fortunes by now.barryem ought to be getting tired of karma fortunes by now.barryem ought to be getting tired of karma fortunes by now.
 
barryem's Avatar
 
Posts: 2,170
Karma: 41646030
Join Date: Oct 2012
Location: Arkansas
Device: Paperwhite 4
Quote:
Originally Posted by rcentros View Post
Maybe I'm reading too much into this but, considering that Waterstones dropped eBooks, I have to wonder if this is the end of the Nook.
Like you I hope not. I'm a big fan of Kindles but I worry that they don't have enough competition. Nook and Kobo are all the real competition they have and they're barely competing. I want to see more competition for Kindles, not less.

Barry
barryem is offline   Reply With Quote
Advert
Old 08-11-2019, 10:00 PM   #21
fjtorres
Grand Sorcerer
fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.
 
Posts: 11,108
Karma: 110046748
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
Quote:
Originally Posted by rcentros View Post

My emphasis on "physical." Maybe I'm reading too much into this but, considering that Waterstones dropped eBooks, I have to wonder if this is the end of the Nook.
Right off the bat, Daunt has three major decisions to make that will define his regime:

1- Keep or ditch payola.
2- Keep or ditch Nook.
3- Keep or ditch the boycott on APub books.

He's also talked of the US being "under-bookstored", as if he intended to drastically expand the number of stores. Aside from being dangerous, that is not something he can do right away, if ever.

We'll know of the first three by next spring.
fjtorres is offline   Reply With Quote
Old 08-11-2019, 10:56 PM   #22
MGlitch
Guru
MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.
 
Posts: 994
Karma: 3713192
Join Date: Aug 2014
Device: Kobo Forma
Quote:
Originally Posted by fjtorres View Post

He's also talked of the US being "under-bookstored", as if he intended to drastically expand the number of stores. Aside from being dangerous, that is not something he can do right away, if ever.

We'll know of the first three by next spring.
I can see him closing the remaining oversized BNs and turning the savings from those into many more small to medium size stores.

Hopefully he also ditches the cookie cutter store style that BN has been trying to push on the consumer. As if every part of a city is going to want the same books much more different areas of the country. I believe Waterstones has more freedom to customize their stores to their community which is undoubtedly going to increase sales as long as you don’t stay stagnant on it.
MGlitch is offline   Reply With Quote
Old 08-12-2019, 08:37 AM   #23
fjtorres
Grand Sorcerer
fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.
 
Posts: 11,108
Karma: 110046748
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
Quote:
Originally Posted by MGlitch View Post
I can see him closing the remaining oversized BNs and turning the savings from those into many more small to medium size stores.

Hopefully he also ditches the cookie cutter store style that BN has been trying to push on the consumer. As if every part of a city is going to want the same books much more different areas of the country. I believe Waterstones has more freedom to customize their stores to their community which is undoubtedly going to increase sales as long as you don’t stay stagnant on it.
That would work.
But I don't think he has to close *all* the big stores; there is room for a dozen or two bigstores in the mega cities, as showcases and destination stores.

It's the cookie cutter thing that doesn't work. With or without restaurants or booze.
fjtorres is offline   Reply With Quote
Old 08-12-2019, 10:39 AM   #24
misling
Zealot
misling ought to be getting tired of karma fortunes by now.misling ought to be getting tired of karma fortunes by now.misling ought to be getting tired of karma fortunes by now.misling ought to be getting tired of karma fortunes by now.misling ought to be getting tired of karma fortunes by now.misling ought to be getting tired of karma fortunes by now.misling ought to be getting tired of karma fortunes by now.misling ought to be getting tired of karma fortunes by now.misling ought to be getting tired of karma fortunes by now.misling ought to be getting tired of karma fortunes by now.misling ought to be getting tired of karma fortunes by now.
 
Posts: 105
Karma: 510000
Join Date: Nov 2010
Device: Kindle
I don't know which bits of B&N show a profit but I've always wondered about the toy stores taking up 20% the floor space in our remaining local one. And the CD/DVD store also taking up maybe 15%. The bookstore could be a lot smaller if those are not profitable sections.

Not sure how many people would go to a bookstore to buy toys anyway, though I think they were trying to capitalize on the gap left by the closure of most physical toy stores. But don't most parents buy toys online? And CD/DVD sales can't be very good any more.
misling is offline   Reply With Quote
Old 08-12-2019, 12:22 PM   #25
fjtorres
Grand Sorcerer
fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.
 
Posts: 11,108
Karma: 110046748
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
Quote:
Originally Posted by misling View Post
I don't know which bits of B&N show a profit but I've always wondered about the toy stores taking up 20% the floor space in our remaining local one. And the CD/DVD store also taking up maybe 15%. The bookstore could be a lot smaller if those are not profitable sections.
Those are in the store because they are higher margin than books and *theoretically* bring in more shoppers.

Of course, it means that in addition to Amazon they also have to compete with Wal-Mart.

If anecdotes are to be believed, some of their lost traffic is from shoppers who don't like their kids wailing for expensive toys instead of the popup and educational books the 'rents want to buy.
fjtorres is offline   Reply With Quote
Old 08-12-2019, 01:10 PM   #26
ZodWallop
Gentleman and scholar
ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.ZodWallop ought to be getting tired of karma fortunes by now.
 
ZodWallop's Avatar
 
Posts: 4,647
Karma: 39310534
Join Date: Jun 2015
Location: Deep in the heart of Texas (whether I like it or not)
Device: Kobo Aura, Clara HD; Nook ST w/Glowlight, Glowlight Plus, Glowlight 3
Quote:
Originally Posted by fjtorres View Post
If anecdotes are to be believed, some of their lost traffic is from shoppers who don't like their kids wailing for expensive toys instead of the popup and educational books the 'rents want to buy.
The toys I see it my local B&N seem to be aimed at adults rather than kids. Does any kid play with Funko POP! figures?
ZodWallop is offline   Reply With Quote
Old 08-12-2019, 02:34 PM   #27
Paperbackstash
Addict
Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.
 
Paperbackstash's Avatar
 
Posts: 253
Karma: 3256200
Join Date: Aug 2018
Location: Central Florida
Device: PW4 (Inis Odyssey) PW3 (Moonsliver), Fire HD 2ndG (Nostromo)
Quote:
Originally Posted by FrustratedReader View Post
And related:
https://www.theguardian.com/books/20...ve-bookselling
People resigning from Waterstones because pay is too low. (Same owner now).

I can't see this being good for people working in Barnes & Noble. It's bad for ANYONE to be owned by a hedge fund or Venture Capitalists. No vision. Short term bottom line and often asset stripping. I'm not suggesting Elliot does those, just a general observation. Hanson Trust asset stripped UK Ever Ready. They and Energiser are now owned by a Pet food company.
I worked for a bookstore at 18-19, and minimum wage was typical. In fact, one was fighting for her salary to be raised to minimum wage since the pay had rose federally but they were still somehow trying to pay her under and get away with it somehow. I'd think most of the bookstore chains stay at this low pay.
Paperbackstash is offline   Reply With Quote
Old 08-12-2019, 02:38 PM   #28
Paperbackstash
Addict
Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.Paperbackstash ought to be getting tired of karma fortunes by now.
 
Paperbackstash's Avatar
 
Posts: 253
Karma: 3256200
Join Date: Aug 2018
Location: Central Florida
Device: PW4 (Inis Odyssey) PW3 (Moonsliver), Fire HD 2ndG (Nostromo)
Quote:
Originally Posted by ZodWallop View Post
The toys I see it my local B&N seem to be aimed at adults rather than kids. Does any kid play with Funko POP! figures?
No, you're right. Most collectible items and "toys" in these bookstores are catered to adults instead of children.
Paperbackstash is offline   Reply With Quote
Old 08-12-2019, 04:11 PM   #29
MGlitch
Guru
MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.MGlitch ought to be getting tired of karma fortunes by now.
 
Posts: 994
Karma: 3713192
Join Date: Aug 2014
Device: Kobo Forma
Barnes and Noble starts you at minimum wage and allows for annual raises though it’s going to take someone quite awhile to make anything significantly over the minimum they are legally required to pay.

Many B&Ns have toy sections usually in or near the kids department. These are not the collectible pop figures and such.
MGlitch is offline   Reply With Quote
Old 08-12-2019, 04:29 PM   #30
Gardenman
Fanatic
Gardenman ought to be getting tired of karma fortunes by now.Gardenman ought to be getting tired of karma fortunes by now.Gardenman ought to be getting tired of karma fortunes by now.Gardenman ought to be getting tired of karma fortunes by now.Gardenman ought to be getting tired of karma fortunes by now.Gardenman ought to be getting tired of karma fortunes by now.Gardenman ought to be getting tired of karma fortunes by now.Gardenman ought to be getting tired of karma fortunes by now.Gardenman ought to be getting tired of karma fortunes by now.Gardenman ought to be getting tired of karma fortunes by now.Gardenman ought to be getting tired of karma fortunes by now.
 
Posts: 551
Karma: 3210948
Join Date: Oct 2010
Location: USA
Device: sony prs-350,Nook HD+, iRiver Story HD - Gave to Wife
Quote:
Originally Posted by Paperbackstash View Post
No, you're right. Most collectible items and "toys" in these bookstores are catered to adults instead of children.
I thought they for children so i never looked at them.
Gardenman is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
"Barnes & Noble holiday sales drop on Nook slump" John F News 134 01-27-2014 03:56 PM
"Nook May Be Expanding Internationally, But Barnes & Noble Stores Aren't" scrapking Barnes & Noble NOOK 3 03-31-2012 12:04 PM
Changing book titles of epubs (specifically removing "Barnes & Noble Classic Series" jettrue Calibre 3 08-03-2010 09:02 AM
Barnes & Noble mulls Android SDK for Nook, says web browser "if readers want it" sforce News 15 10-22-2009 03:25 AM
Barnes & Noble buys Fictionwise for $15.7 million zelda_pinwheel News 0 03-05-2009 11:43 AM


All times are GMT -4. The time now is 11:05 AM.


MobileRead.com is a privately owned, operated and funded community.