QOTD

“TV, movies, Web browsing, video games are all competing for people’s valuable time. And if the book doesn’t compete we think that over time the industry will suffer. Look at the price points of digital goods in other media. I read a newspaper this morning online, and it didn’t cost me anything. Look at the price of rental movies. Look at the price of music. In a lot of respects, teaching a customer to pay ten dollars for a digital book is a great accomplishment.”

–Amazon vice president Russ Grandinetti, who oversees the Kindle content program, quoted in New Yorker writer Ken Auletta‘s comprehensive overview of the Amazon/Apple/Kindle/iPad/ebook skirmish.