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Old 05-20-2008, 09:41 AM   #4
zelda_pinwheel
zeldinha zippy zeldissima
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yes, i'm not sure whether that can be imputed to a very small subset of customers (are Hachette's books sold in french in the US ? or in english ? if in french, their customers are the subset of kindle owners who read in french, and in the US i doubt that can be a very high figure) or something else...

they estimated 2 generations before any significant shift towards digital reading !

also : bad news for us, apparently (i don't know why) digital books are taxed at the standard rate of 19.6%, not the book rate of 5.5% TVA. the article predicts ebooks will only be 10% to 20% less expensive than a paper book. they also mention DRM costs as a factor however, so hopefully the book industry will quickly realize what the music industry finally is catching on to and get rid of DRM. lower costs for the editors, lower prices for the customers, who are therefore happier and more numerous, everyone wins...
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