Originally Posted by xianfox
Instead, they hire out a firm, like Lightning Source, who are charging fees to handle conversion and distribution that are in the same neighborhood as conventional printing and distribution per copy. The publishers, to a large degree, have not realized the savings yet as they haven't even built the infrastructure yet.
I defer to your industry knowledge. But paying to "handle conversion and distribution?" Authors submit manuscripts in ASCII, right? Conversion, absent DRM, takes what, a few days? And "distribution," after establishing initial contracts with on-line booksellers, thereafter consists of an attachment to an e-mail, no?
This makes me think you're right about "haven't even built the infrastructure yet." Perhaps haven't even thought about it.
I'm sure I'm missing something, but I'm not about to buy stock in Lightning Source.