Quote:
Originally Posted by Purple Lady
If they wanted competition against Amazon it was pretty stupid to get rid of competition.
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My hypthesis is: It's not a matter of publisher IQ numbers, but of financial numbers.
How low were the wholesale prices Fictionwise demanded?
If publishers were willing to -- long term -- sell me their product at half the wholesale price Amazon pays, I'm pretty sure I could interest a reputable venture capital firm. And so long as I let them run the show, and none of us get greedy (by silicon valley standards, that is), I could make Amazon's book business, eBook and paper, toast. Of course, the publishers would really be stupid to do this, as they would have just lost their most profitable account, while further harming the small bookstores where so many readers discover their product.
And then the venture capitalist would likely turn around and sell Eisenberg Books to B&N or Amazon.