“You have to draw the box big. Books don’t just compete against books. Books compete against Candy Crush, Twitter, Facebook, streaming movies, newspapers you can read for free. It’s a new world. It’s so important not to simply build a moat around the industry the way it is now.”

— Amazon Kindle boss Russ Grandinetti, explaining why his company wants Hachette — and book publishers in general — to accept lower prices, in the New York Times.