[greencat]

Now that was an interesting read. I liked the analysis and historical perspective. Less sympathetic to the whole "publishing houses are struggling because we're big publicly owned corporations who have to deliver growth for the boss" stuff. Surely that's true of every publicly owned company? You can, of course, argue that it's madness to expect growth forever (and I'd agree with that) but it isn't unique to publishing.

One thing left out in the comparison between ebook and print book costs was distribution. Somehow I can't quite buy the premise that ebooks aren't a lot cheaper for the publisher than printed ones (the article implies the difference is only 10%) and therefore considerably more profitable.