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Originally Posted by HoraceWimp
The web article I quoted clearly shows that Amazon was buying e-books under the old ‘sale or return’ or ‘warehouse’ system as they now call it and not the more common ‘agency’ system.
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The agency system wasn't 'more common'.
It was not used for ebooks until the Agency Conspiracy.
Yes, publishers sold to Amazon at a 'wholesale' price, just as they did to everybody else.
This isn't news to anybody, we all know it already.
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If you feel by that means I “actually not know really quite a lot about how book sales work” that of course is entirely your prerogative.
However, I have worked for 30 odd years within the publishing industry. That of course doesn’t make me an expert on it, but it does mean I know something about it.
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Well, you've made a lot of mistakes when discussing ebook sales, so I've going to venture to guess that your experience is all on the pbook side?
When you say something like this:
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Whether Amazon have now switched to the newer agency system I couldn’t say because I don’t know. I believe they may still be fighting this with the publishers who want them to switch to the agency system.
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it makes it blindingly obvious that you haven't followed anything that has been happening with ebooks in the last few years. Otherwise you couldn't possibly be unaware of the conspiracy between the big 5 publishers (and Apple) to force Amazon and other ebook sellers to switch to the Agency model.