Good blog post from Kristine Katherine Rusch on several of the topics touched on in this thread:
http://kriswrites.com/2012/04/18/the...of-publishing/
Quote:
I’m seeing more screwups ahead. As traditional publishers try to justify their positions (manufacture demand for their services), they’re talking out of both sides of their mouth. Digital Book World had an article this week about consumer reactions to high e-book prices in the face of the Justice Department suit (yes, Rick, you were right about this). In that article, Molly Barton, Penguin’s global digital director said that e-book production “costs 10% less” than print book production. “But,” she added, “the largest expense is author payment and always has been.”
Let me say, simply, bullshit.
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