Kindling Fear and Uncertainty

Electronic Device Stirs Unease at BookExpo (pdf)

Is the electronic book approaching the tipping point?

That topic both energized and unnerved people attending BookExpo America, the publishing and bookselling industry’s annual trade show, which ended at the convention center here on Sunday.

[…] But excitement about the Kindle, which was introduced in November, also worries some publishing executives, who fear Amazon’s still-growing power as a bookseller. Those executives note that Amazon currently sells most of its Kindle books to customers for a price well below what it pays publishers, and they anticipate that it will not be long before Amazon begins using the Kindle’s popularity as a lever to demand that publishers cut prices.