on the price of digital content
I think, like stocks, people will be willing to pay what they think a piece of digital content is worth. If they think a particular item is overpriced, less people will buy it and over time the price will come down or the product will be discontinued.
With Amazon and Kindle, the ability to preview the first chapter or so of an ebook will help people to determine more accurately whether they are willing to pay for the rest of the ebook.
I think it shows an incredible naivete to assert repeatedly that digital content ebooks are each worth a dollar a piece because the cost to distribute is close to nil. This shows a profound ignorance of the work involved in producing the digital content as well as marketing it.
Gino.
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