A fine post about bookstores, print and emerging ecosystems (I’ve written about before about this new emerging value web) by Joe Esposito over on The Scholarly Kitchen:
Trade publishers pine for bookstores. Part of this is nostalgia, but part of this is an awareness that their businesses were built for one ecosystem and another one is evolving before their eyes. People may clamor for print (which would reinforce the publishers’ historical position), but the marketplace is increasingly becoming reluctant to provide it.
The simple truth is that with one exception, every link in the value chain must be profitable or the entire chain breaks. Bookstores are breaking and are taking the entire chain along with it. Amazon’s hands are outstretched to receive the new customers, to play its dominant role in the new ecosystem.
The one exception? Authors. Most authors don’t now and have never been able to live on the proceeds of their work. A few do, and do so spectacularly. That spectacle draws authors in: it’s not the prospect of a good and interesting job but the chance to win the lottery that makes a writer out of a normal human being. When we express regret at the passing of the old print paradigm, don’t shed a tear for the authors. Our sympathies should be with the booksellers, who held it all together.