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Old 04-24-2012, 04:00 PM   #738
stonetools
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Quote:
Originally Posted by Elfwreck View Post
For top authors: yes. King's new book can be $14.99 or $22.99 and it will still sell millions.

It's the midlist authors who'll be squeezed out if Random House won't drop their prices to match the competition, and they'll make plenty of noise about it. While that might be all they're able to do, depending on how draconian their contracts are, it'll certainly convince new authors that Random House is not where they want to be.
Or you may see authors rushing to RH, because they can defend a higher price ( and thus higher royalties) for their author's books. I could see it going either way.
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