Quote:
Originally Posted by jgaiser
And of course you have documentation on those massive losses, right? Cause, you know, Amazon has already shown that they were making a profit overall in their ebook line.
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Sounds plausible. But showing it would require making accounting assumptions about how to allocate, between business areas, items like taxes, corporate buildings, executive pay, and software development. Did they release all that?
Before agency, Amazon took losses on books widely sold by competitiors while keeping prices high on less popular books.
Here's an example of the sort of book (and one I've been meaning to read) that they wouldn't likley sell at a loss.
I see the same author now has a popular book -- one I'll definitely read -- that is published by Bloomsberry of Harry Potter fame:
http://www.amazon.com/Dont-Shoot-Fel...1950543&sr=1-1
Kindle edition is $9.89. Kobo sells it for $11.99. I wonder what Amazon and Kobo pay.