Netflix and Amazon customers are zooming past an inflection point

An inflection point is a term from calculus. It’s a place where a charted curve changes direction. Inflection points make interesting charts. They can also be harrowing for passengers zooming along the curve, hanging on for dear life. Just ask today’s struggling newspapers, publishing houses and record labels. Many would tell you that passing an …

Watching Bezos: The future of books can be traced in acquisitions

Yesterday fellow blogger Ron Shevlin published an open letter to Jeff Bezos, proposing that Amazon should start giving away Kindles. He proposed that giving away their ebook device would be offset by the incremental ebooks they’d then sell, in a similar way to giving away razors as a way to sell high-margin blades. I’m of …

Nick Hornby on why no one is flocking to buy ebooks

A few weeks ago I faced the daunting task of buying a friend a book for his birthday. The challenge: By his own confession, this friend is not a book fan. Most years he’s one of the third of American adults who never picks up a book. But this year he wanted to start reading …