Quote:
Originally Posted by Kali Yuga
I assume you mean it doesn't cost someone $10k to convert an ebook on their own time.
If so, then keep in mind that pirates don't have to pay a legal department to go through the contracts and clear the rights; they don't pay their employees, they don't pay for health benefits and 401k's, and they don't pay for overhead. They don't have to keep track of sales figures or royalties, they don't pay taxes for this work, they don't have to convert large numbers of books.
So yes, I agree that your costs are quite low when you don't actually have to pay people for their work.
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So let me get this straight: when you said "if you spend $10k on the conversion" you meant money spent on everything but the actual conversion. Interesting.
I don't remember anyone putting in the cost of the legal department in the cost of books, so it can't be significant.
Converting a pbook to ebook takes one person with a computer. Publishers have interns, right? That would take care of paying the emploies, healthcare and 401k.
The beauty of ebooks is that they dont have to keep track of sales figures or royalties. There would be a computer program to do that automaticaly.
So that means that all the profit goes in the publisher's pocket. Except, of course the taxes; but then again, if they would stop overcharging, the taxes would be lower.
Oh, and the part about doing this for a large number of books, it lowers the costs, it doesn't increase them.