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Old 02-15-2012, 08:57 AM   #121
LuvReadin
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Quote:
Originally Posted by dkperez View Post
>Does anyone have real numbers on the way ebooks are being priced to libraries? In conversation, I was cited one instance by a librarian where a hard cover book was $24 while the corresponding ebook was $85. I can't say with certainty that it was Overdrive pocketing the extra 350 percent, but I find it difficult to believe.
In the UK at least, it's partly due to the fact that ebooks attract VAT at 20%, whereas pbooks don't, a situation I find utterly appalling. As I mentioned on another thread, journal publishers generally offer at least 10% off for subscribers choosing digital only, and I don't think the same VAT rules apply there. I don't know whether Overdrive is coining it in to the extent you mention above, but it certainly shouldn't be such a big problem, not with the trail already having been blazed by journals.
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