Quote:
Originally Posted by JSWolf
Also, all of the BPHs involved should be made to give money back to the consumers and be forced to lower prices to $9.99 for any eBook that has a hardcover version and when a paperback is out (regardless of the paperback price), lower the price to $4.99.
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Since the major publishers don't make enormous profits, they would have to do this by reducing costs. A likely route would be laying off editors, reducing the number of words per book, and eliminating advances. And the indie phenonenon shows that there are tens of thousands of authors willing to work under those sorts of conditions.
If enough of the public sees no difference between the the indie and major publisher product, the majors will be out of business. Problem solved. But since the books I'm reading lately are mostly big publisher non-fiction which it took an author-editor team years to produce, I'm hoping enough readers appreciate the difference for the BPH's to stick around a while.