Quote:
Originally Posted by leebase
We just don't know that. I too LOVE the way Baen is doing business. I love the Baen Free Library. I love that they release a $6 DRM free ebook at the same time as the hard cover (or soon after).
But we simply do not have enough information to make any judgments on how good or bad a business decision this is for them. Maybe Baen uses their free books and low priced ebooks in lieu of advertising. Maybe that's not the best idea for all companies.
Lee
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We know they have been selling e-books for 10+ years (along with P-books) and are currently still in business. Yes, they are a private company, not required to show their books to anybody but their bankers (if they have any debt), but that is no cause for implying that they aren't successful. If e-books were going to bankrupt them, they would be already be broke. However, they claim to get above 15% of they revenue from e-books.
For them, no DRM has been a major selling point to their customers. It helped them build a brand name in the e-book business...