Quote:
Originally Posted by bgalbrecht
Really? I'm pretty sure that most customers favor the Amazon line, that lower book prices are good for the consumer. Whether that correlates with enough higher volumes to produce the same revenues for the publisher/author is debatable. I suspect that most of Hatchette's revenues come from people who buy fewer than a dozen books a year, in which case the price/demand curve may well be inelastic, as well as their choice of authors/titles.
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Really? So you believe that most customers would rather pay less money for indie authors than the normal price for name authors? Hum, I'm pretty sure you are dead wrong there. I guess we shall see. Regardless, any benefit to the consumer is purely accidental when it comes to Amazon's attempt to strong arm the publishers into paying for Amazon selling ebooks at below than cost to get market share.