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Originally Posted by cortman
You raise some good points. I'd hate to put four years into something that I expected to make a good profit on and find that I can't after all.
Again, I think maybe it just boils down to not being able to have your cake and eat it too- if you get your book published in print, you will make more money on it than if you publish it digitally. It's the nature of the medium.
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No it's the nature of the worldwide virtual library that's being proposed. There are lots of way that ebooks can be distributed that don't necessarily lead to a drastic drop in author revenues.
You may think the virtual library is a great idea but for it to work you would need to get the buy-in of authors and publishers. If they raise the objection that it severely cuts into their potential profits and you merely shrug your shoulders and say "it's the nature of the medium" I don't think the idea's going to get much traction.