Kindle and the Rise of E-Books

In a late February talk in Washington, HarperCollins chief executive Brian Murray declared that Amazon.com seeks to put publishers out of business. “No-one,” he said, “has yet discovered how to compete with Amazon.” He regards Amazon as more powerful than Walmart. Amazon’s Kindle that was unveiled in 2007, said Murray, triggered the explosive growth of ebooks, which now comprise 20% of all books sold in … Continue reading Kindle and the Rise of E-Books