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What the publishers are doing is shooting themselves in the foot. By keeping prices so high, they hope to preserve their hard-back and paper-back sales, but instead, the effect will be to drive their own authors and any potential new authors away to either small ebook publishers or directly to self-publishing, which is no longer difficult. I believe someone already mentioned Joe Konrath as an example of a traditionally published author who ditched his NY firm to sell his own stuff on Amazon. He's been very successful at it. Before too long, others will join him, and of course, there are the legions of authors who could not get NYC to pay attention to them but write great stuff, who are also self-publishing, and all at reasonable prices.
The $20 ebook is the last gasp of a dying man...
--Maria
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