Quote:
Originally Posted by crich70
But if you license the rights to use a particular book, and then don't publish it you're just throwing away your $$. I can't see any publisher of books doing that. They are in the business of making a profit when they spend $.
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Low-price/free books on the market cut into the sales of new, pricier books, since people only have so much time to read/money to spend. Limiting what is offered in the market helps control the prices. The more old books still under the control of the BPHs, the less competition they face for the works they choose to market. So, even if they have no intention of publishing a book, it's good to retain control so that no one else gets a chance to publish it and cut into the market.