In ’06, Abe bought 40 percent in LibraryThing (image), the social book-cataloguing-site. Will LibraryThing eventually be part of the deal? If so, Amazon more than ever will be the dominant forum for reader reviews of books.
Meanwhile please note my use of “smartly.” The purchase of Abe Books is a big win for Amazon and a potential loss for consumer choice and diversity online.
The used book-DRM issue
If nothing else, if Amazon has a chokehold on the used book business, does this mean it will slowly try to shift people away from “used” to E? Beware! This could be one more way to impose DRM on the unwilling. I myself try not to buy DRMed books, preferring the used variety, which I can own for real.
Related: LibraryThing blog item on the purchase. LT leader Tim Spaulding makes the point that “LibraryThing did not have any knowledge of or influence over this deal…The majority of LibraryThing is in my hands. Abebooks holds a minority of the shares, with certain notable but limited rights. This situation does not change when Amazon acquires Abebooks.” Let’s hope it won’t in the future, either.