From The Bookseller:
Amazon’s position in the market is damaging progress in the book trade, according to the president of the Booksellers Association, Tim Walker.
Speaking on a panel about publishing and technology at the Nielsen BookInsights conference yesterday (25th March), Walker said that Amazon’s dominance of the e-book market was having a negative impact on bookselling.
“I do a have a concern that Amazon’s dominance is causing problems”, he said. “We estimate Kindle has a 95% market share of e-book sales in the UK and this is having a damaging effect… Consider the struggles of Barnes & Noble and the Nook platform, the problems of the established Txtr in Germany, and the decision here of Tesco to pull out of Blinkbox Books.”
Walker also spoke of concerns about free library e-lending, which he said “has to be done right, or it will do harm to the book trade”.
However, he said that publishing on the whole “embraced” new technology. “I think publishing can come in for quite a bit of stick but we’ve done a lot to embrace technology.”
. . . .
Gavin McLauchlan, consultant at Nielsen Media Services said publishers did not put enough money into advertising. “Only 0.67% of book revenue is put back into advertising,” he said. “It is very low, even compared with the fast moving consumer goods category.”
Link to the rest at The Bookseller