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Although some disgruntled parties in the book publishing industry are claiming that Amazon may forgo a temporary loss of up to $11 for every tablet of the new Amazon Kindle Fire that the Seattle based company sells, with sales so high and climbing, it is unlikely this will hurt the giant online retailer. Amazon has brought a new dimension to book publishers across America, with more and more well known traditional authors self publishing their work and turning to book publishing services. It remains to be seen what will be left of the traditional book publishing industry 5 years from now as a direct result of Amazon’s pioneering book publishing developments. Even book retailers like Barnes & Noble may struggle to keep up with the pace.
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Only 20% of American Booksellers Association members have signed up to the Google E-Books programme, the head of the ABA has said.
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