I’ve got an Amazon habit. Like many of my other habits — coffee drinking, newspaper reading, excessive profanity — it’s one that I’ve cultivated and refined over the years, ever since I made my first purchase on June 24, 1996, for a new copy of Dan Wakefield’s New York in the Fifties.
When journalists pressed William Henry Vanderbilt in 1882 about his plan to discontinue his railroad’s popular but unprofitable mail run, the richest man in the world reportedly exclaimed, “The public be damned!” Whether Vanderbilt said “be damned” or not — he claimed to have been misquoted — business titans of the Gilded Age routinely assumed this default posture.
I resist making predictions if only to avoid the inevitable disappointment when they fail to peg future events. As best as I can tell, every forecast, every prophecy, every reading of entrails and chicken bones that I’ve committed to print (or its digital equivalent) has failed to come true. But this time I think I’ve read enough into my tea leaves to confidently assert my suspicion that in early October, after Jeff Bezos consummates the deal he made with Donald Graham to purchase the Washington Post for $250 million, one of his first acts of ownership will be to name Vijay Ravindran his publisher of the newspaper.
As tech giants Apple and Amazon apply the squeeze, there has never been a worse time to be in the publishing business. Apple has turned its disruptive death ray on the publishers with an update of its free “iBooks” app, which allows anybody with a Mac to build an ebook and publish for sale in the company’s iBookstore. The rapacious bastards at Amazon are attacking on the same front with their KF8 Kindle software, plus they’re signing book authors (Deepak Chopra, Timothy Ferriss, James Franco, Penny Marshall and more to come) to their publishing imprint. An email, purportedly written by an anonymous book industry “insider” and published at PandoDaily today, got a lot of attention on the Web with its claim that Amazon’s ultimate goal is to destroy conventional publishing.