The new Harry Potter book is upsetting bookstore owners. The book is going to sell 9-10billion copies, but according to this article from Reuters the stores won't be making any money. '"Everywhere you go there is huge, ridiculous discounting by the chains," said Graham Marks, children's editor at the British-based trade magazine Publishing News. "They are literally not going to make one penny out of the book. It is stupid -- just throwing money away ... The world has gone mad."'Apparently Wal-Mart and Amazon, Borders and Barnes&Noble can afford to slash the prices so far that competing bookstores are also forced to cut their prices just to sell their copies. "A lot of independent bookstores won't be selling Potter. They say it would be cheaper to buy it from a supermarket than the publisher."
on a side note, Harry Potter appears to like BlocParty, which is cool.
1 comment:
Does Daniel Radcliffe look like the devil to anyone else?
His face is really red.
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