Skip to content

E-Reading the Tea Leaves

While The Wall Street Journal recently suggested that e-readers are more eight-track than iPod and Forrester Research predicted that B&N will steal market share from Amazon and Sony in 2010, Joe Wikert, General Manager & Publisher at O’Reilly Media, made the even bolder prediction that Amazon — in the face of stiff competition from other e-readers and multi-use devices like the iPhone — “will completely exit the Kindle hardware space within the next 3 years”.

Although predicting the future is a mug’s game (and Amazon are particularly adept at being at least 2 or 3 steps ahead of the pundits), I think that Joe — an early Kindle advocate — might actually be onto something and Amazon really might be prepared to let the device, if not the format or apps, die quietly.

Does this mean that Amazon made a mistake in launching their own e-reader?

I don’t think so.

If publishers had rushed to embrace the Kindle, Amazon would have completely pwned the distribution of e-books (and had publishers even further over the proverbial barrel).

But even though this hasn’t quite worked out, Amazon are still sitting pretty. The Kindle has undoubtedly increased the popularity of e-books and Amazon — the best known and largest online bookstore — is the natural beneficiary. Even if manufacturing the hardware becomes too much like hard work, Amazon will still sell a lot of e-books and the Kindle will surely have served its purpose as a beachhead…

Kindle and Shortcovers

And on the subject of the Kindle, it’s been interesting to see Indigo, Canada’s biggest book retailer, respond to Amazon launching their e-reader north of the border.

Joel Silver, President of Indigo, — who apparently reads on his Blackberry — discussed e-readers and e-books on Business News Network last week (there’s also an interesting follow up interview with the estimable Jason Epstein) and Michael Serbinis, President of Indigo’s e-book initiative Shortcovers, took a few (slightly uncharitable) pot-shots at the Kindle in a recent interview with The National Post.

But, as Shortcovers clearly demonstrates, Indigo have been preparing for the arrival of the Kindle for a while, and — if you have a spare hour — it worth listening to Michael Tamblyn, their VP of Content, Sales & Merchandising, re-enact his Tools of Change presentation Your Reading Life, Always With You to see where they are going…

So what do you think is the future of e-readers? Any thoughts?