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Originally Posted by leebase
There has to be an incentive to earn cash commensurate for the effort and the opportunity cost (what else they could be doing to make money).
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Of course, but I don't think it would take that much effort, certainly not if they still have the original files / galley proofs (which they might well have for newer books).
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The notion that they can just get a darknet copy and release it is folly.
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Tell that to Walter Jon Williams 
Seriously, though, I don't see rights as much of an issue if they published the original book.
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And that's why we don't have wholesale conversions of all the backlist into ebooks. And never will.
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I wouldn't be quite that pessimistic. It's early days yet in ebookland.