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Conventional wisdom is that authors make more money by selling exclusive rights in as many places as possible. I am OK with this, but, as GA Russell says, the problem is that publishers have the exclusive right to sell ebooks but not any obligation to produce one. This is mostly now an issue with backlists, which are much more likely to be available as ebooks in the US than anywhere else. So far as I know, publishers are still not obliged to sell an ebook for new releases - but this is now likely to be a standard part of their work flow.
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