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Originally Posted by pidgeon92
There is no doubt in my mind that people strip DRM and share their ebooks regularly. There are plenty of pirate sites out there will all of the popular titles. I suspect neither has a great impact on the publishing industry.
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Many publishers are now in bad shape and some smaller ones will have to close. I read that even Barnes & Noble is closing many book stores. The independent books stores have been shattered.
Another trend is for many authors to skip publishers altogether and have Amazon publish their books. Amazon can even issue print copes as required without having huge printing runs as publishers used to do in the past. That trend is more of a threat to publishers than DRM stripping.
Amazon even notes on their eBook pages which prices are dictated by publishers. Naturally, those dictated prices are higher than the eBook pages where Amazon decides the price.
The music industry was in the same decline a few years ago but now with standards imposed are growing once more. Many song artists even give away some songs now as downloads from their own sites as loss leaders to promote sales and tours.