“There were more books published this week than there were in all of 1950,†he said.
Houle told the room full of publishers that the physical book had a great run as an artifact, but encouraged them to embrace the current era of digital publishing to pave the way for future generations.
The Unemployed by Nasser Iraq
Toy of Fire by Bashir Mufti
The Vagrant by Jabbour Douaihy
The Druze of Belgrade by Rabee Jaber
The Women of al-Basatin by Habib Selmi
Embrace on Brooklyn Bridge by Ezzedine Choukri Fishere
An essay in the February issue of Harper’s Magazine, “Killing the Competition: How the new monopolies are destroying open markets,†by Barry C. Lynn, includes Amazon in a growing list of American corporations that are pushing “monopolization of our private markets.†Included are Apple, Google, Intel, and Pixar (which together colluded to prevent employees from getting jobs at other firms), the Brazilian food giant JPS (which sets chicken prices throughout the South), the advertising giant WPP (one of four large advertising holding companies), and Anheuser-Busch InBev and MillerCoors (which together control 90 percent of domestic beer distribution).
Lynn writes that many in the book business fear Amazon in the same way as “the chicken farmers of the Sweedlin Valley†fear JPS.
An anonymous insider at one of New York’s big six publishers thinks so. According to a letter posted on pandodaily, and headlined a “confession,†the biggest issue is not that Amazon has made publishing margins razor-thin, it’s that Amazon is now attempting to publish the bestsellers that “cover our fixed costs†itself.