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Greenleaf Book Group CEO Clint Greenleaf weighs in on Amazon’s plans for the book industry and book-related domain names.
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Opposition joining me -- greatly but group founder and CEO Clint Greenleaf.
What do you make of this Amazon -- trying to like basically get the whole enchilada here on the net.
Right and -- and a great job for the publishing industry that they've helped aside -- -- ways but they are now becoming a gigantic power that can really take overweight too much for us I mean we've seen them.
Take over the used book market they took to get over the physical book market in now on top of this publishing and now the Internet.
Neither Amazon but you -- condition point about the used book market with a -- with.
-- we've changed how we behave with bucks -- mean.
-- -- -- what happens to be used book store down the street in my neighborhood -- they gonna go out of business because you can't sell.
Yeah digital files that you buy off of Amazon and -- the -- behind what happens.
Right -- its multi -- is Amazon is really big player here but you also have the publishers and -- publishers told.
A used book was sold but that's okay you know you -- -- -- -- for this one because someone else thirty sold us back to us.
The returns industry -- in the there's a whole big layer of this for publishers are gonna feel like they've been taken advantage of like it sold books that need to be that dictating get their cut -- So it's gonna get really complicated.
US also -- about and that we should just -- up on Amazon does Google Microsoft are also going after all of these really top tier very attractive.
Dot app for instance they all want dot apple Amazon wants -- out but they're saying this will provide a unique and dedicate a platform for Amazon.
While simultaneously protecting the integrity.
It's brand reputation I guess until hot out I mean that really isn't the kind of argument that -- gonna why.
I don't think flies at all I -- I appreciate it free markets and a big free market guy but at a certain point monopolies just dangerous right right if if CBS owns dot TV.
They're not gonna allow any other -- to be able to get right.
So if in the big player owns that whether it's Google owning -- rapper Amazon running -- book it's gonna really forced the smaller players down there's 3000 books that they release in the market.
And all those new people want to get a dot book account.
Is what is -- is just the domestic names we should mention that Amazon.
And a lot of these other companies are going after the international names as well but if you think about it like retailers want to do the same -- I wanna have shopping dot high or your shirt stop -- or something like that I mean that it again at the end of the day.
Is -- capitalism is -- a free market or is this anti competitive because that means.
The Justice Department at some -- at some point right it's much we want them -- -- all right and I think this were I can't can actually step up and do with the supposed to do right now I don't think that it this is time for Amazon to own that kind of -- Or anyone in a private company won't let me ask you -- I'm curious you know we've seen such a shift.
Barnes noble in particular again I -- be you know many companies that objects Amazon's move in this direction to -- dot -- and that would be different than the death -- for Barnes & Noble but at the same time.
You know -- that Barnes nobles -- and what -- We love Barnes noble with a lot of part of -- I know I know that I got yet.
But the Barnes & Noble it and -- self defined.
Plan is actually gonna be shrinking back some of their stores so we see them pulling back a little that we -- sales going up.
Any time that you're gonna see growth of -- like Amazon at the expense of any -- physical bookstore is is dangerous for the entire.
I don't know how many is bookstores are gonna be around ten years I mean you know it's -- -- we can't do horse and -- forever but they got.
Google really thank you very much thinks her pregnancy -- --
