Quote:
Originally Posted by murg
At some point, one of the publishers will break ranks.
Probably due to their corporate overlords appointing a non-publishing CEO (probably a finance guy) to head it when the profits go down due to agency.
Once the maverick shows a profit due to pricing, without a blockbuster, all the other publisher's corporate overlords will notice, and we will be back to non-Agency.
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Hard to say, Amazon's pricing works best for Amazon.
I'm not convinced it is in the best interests of the big 5.
You have to bear in mind that Amazons margin is, essentially, all profit on ebooks so they want more money through the door and their preffered $5-$9.99 may do that.
The Big 5 have more outlay and risks, they would need a massive best-seller to make any money on a $5 title, I suspect the fact that they are all part of huge conglomerates mean that someone with more talent than I has looked at the figures and is convinced that Amazon's pricing structure would be detrimental to them, as it stands all their books will drop into the
Amazon Preferred range sooner or later (Probably when the MMPB is released) so I assume it in their best interests to get the higher amount for the newly released titles while they can.
Just to add, I don't buy ebooks at hardback prices myself but many do, and even with my limited brain I can see that it is a bit dim to ignore those higher profits while you can get them.