Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



1 Way Jeff Bezos Is Like Warren Buffett -- And Why That’s Good News for Comic Book Shops

Jeff Bezos has a reputation for taking a hands-off approach with acquired subsidiaries. Credit:

When (NASDAQ: AMZN  ) acquired comiXology for an undisclosed sum, it raised questions about the future of comic book shops. Would the e-tailer, known for disrupting huge industries, use its new subsidiary to disrupt specialists?

Host Ellen Bowman puts these questions to analysts Nathan Alderman and Tim Beyers in this week's episode of 1-Up On Wall Street, The Motley Fool's web show in which we talk about the big-money names behind your favorite movies, toys, video games, comics, and more.

Tim says comic book shops have nothing to fear. According to data from The Comics Chronicles, unit sales of print comics improved 6.7% last year. Dollar volume also improved -- for the third consecutive year -- to 10.2%. The message? Digital is expanding the print market, and Amazon's influence won't change that.

Nathan agrees, noting that CEO Jeff Bezos is famously like Warren Buffett in his hands-off approach to managing acquired subsidiaries. ComiXology marketing chief Chip Mosher expects that we'll see more of the same here.

"Amazon has a long history with subsidiaries like Goodreads, Zappos, Audible, and IMDb, of helping them grow and, over time, learning from each other and improving together," he said in an interview.

Finally, Tim and Nathan say that, combined, Amazon and comiXology should allow comic book shops to cater to a more diverse set of readers through custom digital storefronts while optimizing print inventory.

At the corporate level, bringing comiXology's Guided View technology to Kindle should make the reading experience more satisfying. And of course, anything that leads to more high-margin sales is good for Amazon shareholders.

Now it's your turn to weigh in using the comments box below. How do you think this deal will impact comic book shops? Do you think about Bezos' hands-off approach will pay dividends here? Click the video to watch as Ellen puts Nathan and Tim on the spot, and then be sure to follow us on Twitter for more segments and regular geek news updates!

The greatest thing Warren Buffett ever said
You don't need to be Jeff Bezos to profit from the practices that made he and Warren Buffett billions. The Motley Fool's new special report captures the best of Buffett's wisdom, and it's yours -- FREE -- right now. Just click here for your copy.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2920978, ~/Articles/ArticleHandler.aspx, 8/30/2015 2:06:25 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Tim Beyers

Tim Beyers first began writing for the Fool in 2003. Today, he's an analyst for Motley Fool Rule Breakers and Motley Fool Supernova. At, he covers disruptive ideas in technology and entertainment, though you'll most often find him writing and talking about the business of comics. Find him online at or send email to For more insights, follow Tim on Google+ and Twitter.

Today's Market

updated 1 day ago Sponsored by:
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 1.21 0.06%
NASD 4,828.33 15.62 0.32%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

8/28/2015 4:00 PM
AMZN $518.01 Down -0.36 -0.07% CAPS Rating: ***