Publishing: Adapt or Die
On the Media
WNYC Studios
4.6 • 9.1K Ratings
🗓️ 19 November 2012
⏱️ 51 minutes
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| 0:00.0 | From WNYC in New York, this is On the Media. I'm Bob Garfield. |
| 0:05.0 | And I'm Brooke Gladstone. This week, an unlikely showdown between on one side, mom-and-pop |
| 0:11.3 | bookstores, Barnes & Noble, and Walmart, and on the other, the world's largest online retailer |
| 0:17.5 | and honed and highlighted self-help guru Tim Ferriss. |
| 0:21.5 | The four-hour work week is possible, but you need to completely unplug and reset. |
| 0:27.7 | That's Ferris on a previous bestseller, the four-hour work week. |
| 0:31.5 | Ferris's books have sold over two million copies combined, which is why Amazon signed him |
| 0:36.8 | this year to a reported seven-figure contract. |
| 0:40.1 | Amazon released his latest, The Four-Hour Chef, this past Tuesday, enabling Ferris to bypass |
| 0:47.1 | traditional publishers and cut those dinosaurs out of the supply chain. |
| 0:51.9 | Getting rid of everything, all the static, all the noise, all the interruptions |
| 0:55.3 | that interfere with getting you to that ideal lifestyle. But those dinosaurs declined to play dead. |
| 1:00.9 | Instead, they are largely refusing to display or in many cases even sell the new book. The showdown |
| 1:06.9 | underscores a moment when publishing seems either on the brink of collapse or reinvention. |
| 1:12.4 | Forget about what's popular and really look at what works and what is consuming your time. |
| 1:17.4 | Now, booksellers don't not sell books. In the 1970s, they stocked Nixon's memoirs despite |
| 1:23.1 | protests, and in the 80s, they stopped the satanic verses despite bomb threats. |
| 1:29.0 | I ask New York Times reporter David Straitfeld, who covers the industry, what makes Tim Ferriss so special? |
| 1:35.3 | It's nothing personal about Ferris, but Ferris is the first time that Amazon is really making a major effort to have a major bestseller. They want that |
| 1:49.5 | book to sell not only digitally, but in its physical version. And so this is the first time |
| 1:55.4 | the booksellers have really had an opportunity to hit back against Amazon. |
| 2:05.9 | But Amazon can sell the physical book just as easily as it would sell a digital one. |
... |
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