Quote:
Originally Posted by stonetools
Well, the publishing industry is not convinced and I can't say as I blame 'em. I know that if I was betting my company on such evidence, I'd want more-a lot more.
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I'd also like to mention again that keeping DRM isn't a cost-free option. On a $12 Agency rate ebook, the DRM cost is over 2.5% of the income from the ebook. On a $8 Agency rate ebook, the DRM cost is just under 4% of the income from the book. And on a $4 Agency ebook, the DRM cost is over 7.8% of the income.
It seems pretty silly to be paying over that kind of money for something that does you no good.
One last thing: If ebooks are licensed, not sold, then publishers owe most authors 50% of the net income from the ebooks licensed, since standard book contracts give authors 50% of any licensing fees.