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1975 by Valda Organ | CBC Books
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The smash success of
In the midst of a shifting publishing industry, some authors are driven to experiment with how they deliver their work to readers, which includes novel forms of book production independent from the traditional publishing gatekeepers. Indigo reported last June that it had to close 20 stores. Here, a woman seen walking past Indigo in Laval, Que., in November 2020. THE CANADIAN PRESS/Ryan Remiorz
Readership, sales
But who benefits from the apparent increase in reading? Amazon CEO Jeff Bezos had his net worth double to over $200 billion during 2020. Meanwhile, Canada’s most well-known book retailer, Indigo, reported last June that it had to close 20 locations across the country.
It seems a safe bet that neither the US nor Canadian governments will intervene despite the laws and policies on the books and letters from authors’ guilds and publishers’ associations urging some kind of action. There doesn’t seem to be any argument for there being a net benefit to Canada from the merger, nor really any benefit at all. But there is no political payoff to taking a stand on this hill.
Then there are the claims being made about the impact from the whole decades-long process of consolidation. Some of these, like the perceived threat of a monoculture born of the unwillingness to publish high-risk books, may be overstated. “In the future that Bertelsmann celebrates, we can all read anything we want so long as it’s a bestseller by John Grisham,” warns Ron Charles in the
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