...from the chief editor of a Midwestern university press who asked not to be identified. (This is understandable. Half the art of dealing with the 800-pound gorilla in the room may be keeping from drawing too much attention to yourself.)
"...Amazon is a predatory corporation — maybe not in a strictly legal sense of the word, but in practice, a shark. And swimming with sharks is dangerous."
He noted last week’s announcement of an arrangement between Amazon and the powerful literary agent Andrew Wylie, who has launched a new digital imprint for his clients. Their e-books will be available exclusively for Amazon’s e-reader, the Kindle -- cutting publishers out entirely.
“As the recent agreement with Andrew Wylie demonstrates,” the editor told me, “Amazon is willing to go against its ‘partners’ — their term of art — whenever it chooses, and the fact that they're publishing Kindle editions directly from authors to readers underscores the contempt with which they hold publishers.”
They are all about profits. Period. If it makes money, do it. Period. As I repeatedly tell people, if money is your god, you will do anything to serve that god.
Sure, a company needs to make money to survive; it's a necessary, but not sufficient in itself, condition; refer back to the Drucker quote from last Friday for what I mean.