http://www.antipope.org/charlie/blog-static/2012/02/work-is-never-over-on-publishi.html

amazon.com

TRX
February 27, 2012
52:

> They are going down the tubes because
> Amazon is more efficient, can price
> lower, controls their most important
> distribution channel and is happily,
> joyfully, mercilessly killing them.

No. The US publishing industry has been busily performing corporate seppuku since long before Amazon. I've been watching publishers, imprints, and bookstores folding for 20-odd years now.

Amazon isn't the cause. It's just what's moving in to fill the vacuum.