Quote:
Originally Posted by 4691mls
Agreed. Apparently there are enough people out there willing to pay $15.99 (or whatever) for the latest book by a bestselling author for the publishers and stores to maintain this business model.
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Best selling authors, sure.
Others?
Well, their own financials show declining ebook sales and the drop has reached the point they are "experimenting" with delaying releases to libraries. An "experiment" likely to drag on once they see even minor boosts in sales, allowing them to drop library ebook releases or raise library costs yet again.
The big name authors will always get paid.
But those aren't the authors complaining of declining incomes (in the US, UK, & Canada) and asking government to force publishers to raise royalties. (UK)
So the business model charges more to readers and pays less to authors.
Yes, the publishers will want it to go on indefinitely.
Others?
We'll see...