|

You Can't Rest on Your Laurels

You know, after the Department of Justice filed suit against Apple and Hachette, HarperCollins, Macmillan, Penguin, and Simon & Schuster, I imagined  Jeff Bezos is doing a victory dance around his office like Hugh Grant in the clip below.

[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][youtube]http://www.youtube.com/watch?v=aUm2K6eDuMU

But now with the announcement of the Barnes and Noble and Microsoft collaboration I have to wonder if he is feeling so buoyant.  In case you missed the news, Microsoft is making a 605-million dollar investment in the Nook.

Barnes & Noble is creating a new subsidiary, tentatively dubbed Newco. Microsoft initially is investing $300-million and then over the next several years will invest an additional $305 million to help fund Newco’s international expansion – something that has hurt the Nook.

I have a Kindle and have good feelings toward Amazon; still, I am glad that this happened.  I think it just proves that the market place doesn’t need publishers to control pricing to maintain competition.

What are your thoughts?

– Leigh AAR[/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

Subscribe
Notify of
guest

5 Comments
newest
oldest most voted
Inline Feedbacks
View all comments