Posts From Author: the sunday times

Stay Silent and Soon Amazon Will Be Telling the World What It Can Read

In this article, originally published in The Sunday Times in the UK, House of SpeakEasy co-founder Amanda Foreman outlines the ongoing battle between online retailer Amazon and book publishers, led by Hachette Book Group. One of the greatest monopolies in history was the medieval Catholic Church. Its religious and temporal power was absolute until confronted by an even more potent rival: the printed book. Today, print is once more at the centre of a cultural revolution. Only this time it is not the challenger to a global monopoly but its most successful weapon. Amazon, founded and controlled by Jeff Bezos, used the humble book to leverage itself into becoming the world’s largest online retailer. It took 20 years for Amazon to emerge as a monopolistic power. Last week, by creating an effective blacklist of authors for use as a bargaining tool against Hachette Book Group, the company showed us how far it would go in its abuse of that power. The public has only recently become aware of the long shadow war between Amazon and the publishing industry. In February Amazon began quietly “disappearing” certain authors in an attempt to force Hachette into giving larger discounts on its books. What […]
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