The President of Sales for HC Josh Marwell posted an open letter to librarians:
http://harperlibrary.typepad.com/my_...ibrarians.html
A partial quote:
Quote:
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Twenty-six circulations can provide a year of availability for titles with the highest demand, and much longer for other titles and core backlist. If a library decides to repurchase an e-book later in the book’s life, the price will be significantly lower as it will be pegged to a paperback price point. Our hope is to make the cost per circulation for e-books less than that of the corresponding physical book. In fact, the digital list price is generally 20% lower than the print version, and sold to distributors at a discount.
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