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Originally Posted by ApK
Maybe it does reflect it. And then it also reflects all the added value that ebooks offer that paper does not. Instant delivery, adjustable fonts, multiple copied etc etc etc.
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Agreed. I think that everything is necessarily taken into account when publishers experimentally see what the market will bear.
Now, if there is a showing that a publishing company has, year after year, Apple-esque profit margins, or moderate profits only because of extraordinary executive pay, I can see focusing on that. Is publisher CEO pay too high?
Probably. But compared to tech companies, it's not so bad, and I don't think it amounts to a significant portion of what folks pay for eBooks.