Book Wars: B&N vs. Amazon (BKS, AMZN)

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By Paul Ausick Published
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Bookstore owner Barnes & Noble Inc. (NYSE: BKS) will no longer carry books published by a division of Amazon.com (NASDAQ: AMZN) in the chain’s 700 or so bricks-and-mortar stores. B&N will sell the books through its on-line stores.

B&N is protesting Amazon’s tactic of signing exclusive deals with publishers and writers. Such deals lock-out other publishers and booksellers, and according to B&N, have “undermined the industry as a whole and have prevented millions of customers from having access to content.”

Well, that’s not exactly the case. The customers can still buy the content at Amazon. And if there are limitations on the target buyers, certainly the publishers and writers could have figured that out before they signed on with Amazon.

B&N seems to want to cast the dispute as a war of principle. In fact, it’s all about money.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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