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Amazon made a profit of 7 million on revenues of 12 billion.
Article in the NYT: Amazon Delivers on Revenue but Not on Profit
In other news Jeff Bezos donated 2.5 million in support of same sex marriage. Article in the NYT: Amazon’s Founder Pledges $2.5 Million in Support of Same-Sex Marriage
This post is about the where the sales of the book are coming from, and why Amazon takes 48% of digital book sales. Surprising eh? I thought Amazon was the BEST for indie authors, right? We will get into that later.
The book had a great launch, even getting to the #1 Hot Releases spot for Amazon.com for the travel section.
The online retail giant is tapping its huge customer base and vast technical underpinnings to reshape the way books, movies, and television programs are made.
More than any other company, Amazon is driving the evolution of the book publishing world. With its various imprints, Amazon is publishing books that it will also sell. And the Kindle gives the company a retail store in the home of every consumer who owns one.
The Greatest Threat to Amazon May Just Be Libraries
Instead of turning the members of its community away for an eBook that is already borrowed, the library is ideally situated to sell them the eBook they wished to read, right when they wished to read it. There is nothing stopping a library from becoming an eBookseller. This capability is available from all of the major library solution suppliers who are equally well versed in eBook technologies and the publisher-required DRM necessary for them to be sold directly to consumers.
Don't believe all that hype about government interference that is designed to foster an Amazon monopoly of the ebook business. What the six major publishers were alleged to have done was collude in fixing prices that, if true, was a desperate act that they must have known would fall afoul of anti-trust laws.
The new ploy by book publishers is to characterize Amazon as a monopoly poised to take over and dictate terms and run rampant over those who create ebook content. That is like saying Starbucks is a monopoly because it currently dominates the coffee retail business.
Full article -- Huff Post
After the online takedown over "After Friday Night Lights"
Then, suddenly, as of last Tuesday, it wasn't on Amazon anymore. Byliner had removed it. The company said in a statement that it would repost After Friday Night Lights on Tuesday at the original $2.99.
Why did it get taken down in the first place? Why did it lose a precious week aboard Amazon, the world's biggest e-books store?
Because the big dogs are scrapping over the e-book market. Amazon is the biggest seller in that market. Apple is massive, too, but wants to be bigger; it's long been upset with the way Amazon discounts prices on e-books (see below).
Article discussing agency, Amazon, and publishers.
Article was mentioned in this article: Who Cares If Amazon Becomes an E-book Monopoly?
Amazon CloudSearch (beta)
Amazon CloudSearch is a fully-managed search service in the cloud that allows customers to easily integrate fast and highly scalable search functionality into their applications. With a few clicks in the AWS Management Console, developers simply create a search domain, upload the data they want to make searchable to Amazon CloudSearch, and the service then automatically provisions the technology resources required and deploys a highly tuned search index.
Amazon CloudSearch seamlessly scales as the amount of searchable data increases or as the query rate changes, and developers can change search parameters, fine tune search relevance, and apply new settings at any time without having to upload the data again.
Amazon CloudSearch enables customers to offload the administrative burden of operating and scaling a search platform. Customers don't have to worry about hardware provisioning, data partitioning, or software patches. Amazon CloudSearch offers low, pay-as-you-go pricing with no up-front expenses or long-term commitments.
Amazon’s $1 million secret
At a time when independent publishing is struggling to survive, in part due to the influence of Amazon, recipients say that these grants offer crucial — if ironic — life support. Sometimes the grants pad out thin margins of survival, and make it possible for worthy programs to maintain their tiny staffs. And there’s no question the grants support legitimately important work: Literature in translation, international poetry, smart criticism, youth literacy efforts.
“It’s the bully on the playground handing you a lollipop,” says Shirin Yim Bridges, publisher of Goosebottom Books in San Francisco, which has not received a grant from Amazon. “I mean, what do you do?”