Quote:
Originally Posted by wgrimm
In fact, I see a way for some savvy publishers to make a ton of money from books long out of print- digitize these books and make them available as ebooks, and charge reasonably for them, like $3 or $4. Or less. The books were long ago paid for, so what is earned is almost pure profit. Why let the pirates have all the fun- the publishers could be earning cash for what the pirates are giving away.
Sadly, there is not much innovation like this going on. The publishers are clinging to hundred year old business models, whining about piracy, and wondering why readers won't pay hardcover prices for ebooks.
Outfits like Smashwords are great- they seem to understand what most sellers and publishers do not....
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I agree completely. This could be a huge profit center for anyone who pulls their head out of the sand...
I remember when DVDs and Video Tapes were often $30+ per movie...
Now you can buy hundreds of different titles for around $5 at WalMart and people buy them by the shopping cart full because they are cheap enough to be impulse purchases...everyone is happy with this arrangement.