Quote:
Originally Posted by tubemonkey
The bottom line is that consumers love the agency model. If they truly objected to it, they'd boycott these publishers.
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Boycott, in the sense that they would never again let Penguin have another dime? No. But a partial boycott, in the sense of reduced sales, may already be starting. There's another current thread here in which someone said they spent less money on books, in 2011, due to unwillingness to pay high eBook prices. I took this to mean higher than the pre-agency US$9.99 standard Amazon price. You yourself
mentioned a total price spent on eBooks during 2011 that sounded rather close to a boycott to me.
Realistically, publishers are in for a big revenue decrease due to the analog to digital transition, just as occurred earlier to record companies. There will be winners and losers, but most authors and publishers will be losers. High prices and price-fixing may or may not make business sense in this environment, but we are seeing both of those, and there will be people who don't buy the books as a result.