The federal antitrust lawsuit initiated late last month against Apple and major publishers is indeed the boon to Amazon that most view it as. As a book publishing analyst put it in a NY Times article on the story, “Amazon must be unbelievably happy…Had they been puppeteering this whole play, it could not have worked out better for them.” He and others from the publishing industry see this, however, as not just a boost for Amazon but a development that portends darker days for publishers and ultimately for the reading public: “Publishers and booksellers argue that any victory for consumers will be short-lived, and that the ultimate effect of the antitrust suit will be to exchange a perceived monopoly for a real one. Amazon, already the dominant force in the industry, will hold all the cards.”
Such a suggestion, I think, is misplaced because it underestimates the depth of the changes now afoot in the publishing industry. Lower eBook prices may be one effect of Amazon’s successful drive to dominate the market for eReader devices, but the company’s comprehensive distribution platform (which includes the capacity to create and manage content) helps to raise the very question of what it means to be a publisher. “Content is king” is the cliché so often used by owners of content, and new media businesses have turned that on its head. Distribution, the “platform,” now takes priority—for a sufficiently developed and mature one will attract the highest quality content available. We’re already at the point where authors, collaborators, editors—people who create content generally—no longer require the independent services of a publisher to achieve their goals. These needs—editing, distribution, marketing—can now be handled by the distribution companies themselves, as Amazon has already demonstrated with the launch of CreateSpace and its related Kindle Publishing arm. And as supportive as Apple has been of traditional publishers, it also now operates its own self-publishing unit, ibooks Author, designed especially with the educational textbook market in mind. Publishers and their analysts may one day look at this period, in which they’re worried about pricing controls within the context of traditional publisher and bookseller relations, as the last of their halcyon days.