Quote:
Originally Posted by Worldwalker
So the cabal rakes in another one.
Publishers win, purchasers lose.
I'm gonna miss Smashwords.
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There's a cabal here? How? The vast majority of books on Smashwords are all self-published books, with the exception of those put up on Smashwords by small presses and micropresses. Yes, some of the titles were originally published by big publishers, but they only go up on Smashwords when the authors get their rights to their backlist back from the cabal.
I don't see this as being like the Agency Model at all. Smashwords is a distributor, not a publisher. And Smashwords is definitely not part of a cabal.
Also, reading what the founder of Smashwords said, there was a lot less drama:
"I'm also pleased to report that unlike the tactics used by the Agency 5, we did not put a gun to the head of our retailers. No shots fired, no threats made. In the end, I think each retail partner decided on their own that what is best for Smashwords authors and publishers is also what's best for them and their customers in the long term."