Wednesday, January 6, 2010

Kindle's success feared publishers

Spencer Ante asked a very question, "What's next" in publishing industry. (Jan 11, 2010 Bloomberg: BW)In Jan 2010, Amazon launched its latest version Kindle DX Wireless Reading Device (9.7)  across 100 countries around the world. Ante wrote that  first time in the history,Amazon sold more digital books than the paper books.
Amazon is creating a future monopolistic market for Kindle  readers which is growing so fast and threatening book publishers. Kindle Wireless Reading Device (6
To fight with the growing market, publishers started offering chapters of the e-book or digital book which are less expensive than whole books.
In competition, O' Reilly came with networked book which is published after taking opinions of hundreds special readers. Apple is doing well on publishing market because publishers sell IPhone books' versions which are same as digital, and all these are becoming popular in market.

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