Quote:
Originally Posted by kovidgoyal
Now all that's needed is an agency model between author and publishers. That should be the beginning of the end.
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That in effect is the relationship James Patterson has with his publishers. but Patterson was willing to underwrite the production costs, or at least some of them.
Remember that in the agency model for pricing that is under discussion it is still the publisher who foots the bill. For an agency model to work between an author and a publisher or retailer, the author has to be willing to finance all costs.
Amazon and Apple have nothing to lose under the agency model and everything to gain, which is why Apple offered it and Amazon capitulated so quickly.