February 27th, 2009

Text Ticker: Fear the Kindle

In Slate, Farhad Manjoo raises important concerns about the sexy new Amazon Kindle.

Amazon's reader is a brilliant device that shanghais book buyers and the book industry into accepting a radically diminished marketplace for published works. If the Kindle succeeds on its current terms, and all signs suggest it'll be a blockbuster (thanks Oprah!), Amazon will make a bundle. But everyone else with a stake in a vibrant book industry—authors, publishers, libraries, chain bookstores, indie bookstores, and, not least, readers—stands to lose out.

H/t 3QuarksDaily. [go!]

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