To add insult to injury, these sham books are getting added to my official Goodreads profile. A reasonable person might think I control what books are shown on my Goodreads profile, or that I approve them, or at the very least I could have them easily removed. Not so.

We desperately need guardrails on this landslide of misattribution and misinformation. Amazon and Goodreads, I beg you to create a way to verify authorship, or for authors to easily block fraudulent books credited to them. Do it now, do it quickly.


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"We had high hopes that this would happen eventually, but we never imagined it would happen this quickly," Bezos said. "We've been selling print books for 15 years and Kindle books for less than four years."

When it comes to books, Amazon has often used its huge market power to further increase its influence. Some analysts project that Amazon will own more than half the U.S. book business across all formats by the end of this year. Not only does Amazon have 75 percent of the market in online sales, but it is spreading its tentacles to other areas. It now owns Audible.com, the largest seller of downloadable audio books, and BookSurge, an on-demand printer of self-published and other books offered only by publishers as individual copies. Last May, Amazon announced it was launching Amazon Publishing, headed by the redoubtable industry veteran Larry Kirshbaum, to compete hand-to-hand with the publishers.

Chief among the reasons is the death spiral of the traditional brick-and-mortar bookstore. The discounting of bestsellers by the large chains destroyed the financial underpinnings of independent stores, and the rise of online bookselling, led by Amazon, cut the legs off the chains, with Borders Group closing all of its doors last year and Barnes & Noble struggling to survive.

Given all of this, publishers and authors saw a situation approaching where Amazon was the dominant publisher and seller of books, increasing profits by offering fewer titles at higher prices. Enter an unlikely white knight: Steve Jobs.

(Reuters) - Online book retailer Amazon.com Inc said on Monday it has signed a multi-year deal with Simon & Schuster Inc, the second Big-Five book publisher, on the future price of e-books. Amazon, which had been in talks with Simon & Schuster since July over pricing, confirmed the deal first reported by the Business Insider news blog that the two had reached an agreement. Amazon had been locked in a months-long standoff with publisher Hachette Book Group, the fourth-largest U.S. book publisher owned by France's Lagardere , over digital book pricing. That has led to numerous issues for authors. Industry experts had expected other publishers eventually to be drawn into negotiations as well, as the Internet retailer tries to set new benchmarks for the e-book market. Negotiations with Simon & Schuster took about three weeks and closed two months before Amazon's contract expired, according to Business Insider. Simon & Schuster made its original offer and an agreement was reached after a few changes by Amazon, the source told Business Insider. (Reporting By Arathy S Nair in Bangalore; Editing by Maju Samuel) 17dc91bb1f

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