Thread: Smashwords Moves to Agency Model
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Old 12-08-2010, 08:58 PM   #105
leebase
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Quote:
Originally Posted by BearMountainBooks View Post
Except that from what we could glean, Amazon was taking the hit financially, not the author or the publisher. .
The publishers saw the hurt coming and acted to head it off. The make money selling books for $25. Amazon was putting their customers out of business with their $9.99 price. Once Amazon put the competition out of business, destroys the market for hard back books, you think Amazon was going to continue giving publishers $12.50 for books they sell for $9.99?

No, Amazon would then say that the publishers would get $7 or so, and there'd be now way to stop them.

Lee
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