“You have to draw the box big. Books don’t just compete against books. Books compete against Candy Crush, Twitter, Facebook, streaming movies, newspapers you can read for free. It’s a new world. It’s so important not to simply build a moat around the industry the way it is now.”
Amazon to Hachette: Publish Cheaper, or Perish
— Amazon Kindle boss Russ Grandinetti, explaining why his company wants Hachette — and book publishers in general — to accept lower prices, in the New York Times.
This article originally appeared on Recode.net.
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