Amazon is Making Enemies
Amazon (NASDAQ:AMZN) seems to attract nothing but trouble with its print and digital book publishing and pricing policies. The company infamously took flak from Apple (NASDAQ:AAPL) and Steve Jobs about taking losses on best sellers in order to gain market share. Now, Barnes & Noble (NYSE:BKS) and the e-commerce giant are in a kerfuffle over brick-and-mortar sales of Amazon Publishing titles.
Back in February, Barnes & Noble chief merchandising officer Jaime Carey said, “Barnes & Noble has made a decision not to stock Amazon published titles in our store showrooms.” He cited Amazon’s demand for exclusivity with publishers, agents, and authors. Barnes & Noble, like Apple, suggests that the way Amazon does business undermines the industry as a whole. Apple and a number of major publishers have been involved in litigation regarding e-book prices and possible price fixing, on which Amazon seems to have come out on top.
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“It’s clear to us that Amazon has proven they would not be a good publishing partner to Barnes & Noble as they continue to pull content off the market for their own self interest,” Carey said.
This is just one front of a war the retailers are fighting, another being the increasingly competitive tablet market. Barnes & Noble’s Nook HD is expected to hit shelves in November, while Amazon just announced the next generation of its Kindle Fire line and a Paperwhite e-reader.
Google’s (NASDAQ:GOOG) popular Nexus 7 tablet is also a contender in the field, and the company has been pushing for its own content streams that could put pressure on both Amazon and Barnes & Noble. Google Play offers over 4 million titles already, claiming the “world’s largest selection of e-books.”
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