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Originally Posted by yvanleterrible
Right on, I've always believed so. What they are afraid of is that there Will be more piracy due to the fact that they are releasing content.
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The other issue that hasn't been mentioned here is: publishing books is a low margin business. Historically one doesn't choose a career in book publishing to get fabulously wealthy. Publishing books is about one step away from putting out a tin cup and playing a violin in Times Square.
However, the public perception is that ebooks should cost significantly less than paper books because well, there's no paper right? And most of the cost of a book is the paper, ink and printing right?
Most of the cost of a Hilary Clinton book is: Hilary Clinton.
The big draw to publishers for DRM is the potential for shutting down secondary sales (used book stores) and "fair use" (lending books to friends, libraries and universities/schools) Unfortunately, elimination of the secondary and fair use drain could more than double profitability for the publishers. So they do have a natural fascination with achieving this.
Now all they need is for us to roll over and play nice doggy for them.