If Barnes & Noble
The cavernous bookstore chain made waves yesterday, informing Bloomberg Businessweek senior reporter Brad Stone that it will not stock books put out by Amazon.com's
Barnes & Noble claims that Amazon's already fragmenting the industry through online exclusivity of some titles. If Amazon wants to play that way, why should Barnes & Noble aid Amazon's plans for global domination?
The tactic may make sense on paper, but just wait until Amazon Publishing has a hit on its hands and the few people still blindly making their way to Barnes & Noble to purchase leafy reads find that the trip was wasted. Oddly enough, Barnes & Noble will offer Amazon Publishing titles through its bn.com website.
Think about that for a bit. Barnes & Noble is taking a stand, but it's going to be referring people to its website where the book will be available. It's bad enough that Amazon is encouraging real-world shoppers to do some comparison shopping in cyberspace to get a better deal. Now we have Barnes & Noble moving the e-tail revolution along?
Amazon Publishing is gaining momentum. It inked a deal with Houghton Mifflin Harcourt for distribution just last week.
This is an industry that can't afford to play favorites. Do you think it mattered to Amazon that Houghton Mifflin Harcourt was teaming up with Pearson
Barnes & Noble may have been in a no-win situation, but this just makes it more likely that it will have to concede defeat sooner.
The popularity of e-readers, smartphones, and tablets opens the door for some surprising Wall Street beneficiaries. Read up on three hidden winners in a free report. If you wait for the report to show up on your Nook, you may be too late to the party, so check it out now.