Like selling drinks on the Titanic*
Three spreads from a recent Bloomberg Businessweek article about how Amazon are poised to kill off the book publishing industry.
Aside from it being an insightful article, there are several interesting typographic devices used to callout text, that I’ve not seen used before.
The growth of the e-book publishers: Amazon, Google, Apple and Barnes & Noble may be the iceberg that sinks the traditional book publishing giants: Penguin, Random House, Hachette, Harper-Collins, Macmillan and Simon & Schuster. They will do this by cutting out these “middlemen.” The e-book publishers can offer the money that customarily went to the big six, directly to the authors. These generous sums are inevitably going to draw large numbers of prominent authors to sign to the e-publishers, as is already happening.
It remains to be seen how long this will take. And ironically, the Big Six are already indebted to Amazon for much of the sales of their traditionally published works.
*Quote by Joe Konrath a once struggling author who now claims to be making $4,000 a day and collecting a 70 percent royalty on his self published work which he uploads directly to the Kindle marketplace.