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Originally Posted by MrsJoseph
I wonder what the "woe is me, we're being killed by the ebook business" publishers are going to say in reply to this?
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I haven't heard any big publishers say that in quite some time, they've mostly been on board since agency pricing started. There probably are still concerns over ebooks cannibalizing hardcover sales (which are high margin), but agency pricing generally protects those margins.
It may still be a tough transition for small publishers with large back catalogs, though. It's not cheap to convert all those books and negotiate digital rights for older titles.