Quote:
Originally Posted by darryl
No. Not ignored. Amazon simply hoisted the conspirators by their own petards. They fought against a system where they enjoyed the benefit of the increased sales at the more reasonable price point whilst still making the margin associated with their own inflated price point! Amazon was never going to subsidise this forever, and by that stage had no reason to do so. No publisher came to them after the order expired asking for a wholesale type contract. They all wanted agency, and Amazon obliged. It was a beautiful thing to watch. High tradpub e-book prices bleeding sales to Indies and Amazon imprints. Discounted Hardbacks at prices around the same as e-books. Fantastic!
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It was not a beautiful thing to watch Amazon cave in to agency. In fact, it was a very ugly thing to watch. Amazon was the reason Apple went for agency and now Amazon caves.
Agency wasn't about the publishers making more money. It was about taking down Amazon to protect flagging pBook sales. Now that Amazon has caved, the publishers are free to make customers pay more. Agency is one of the main reasons why Overdrive is used a lot and why there are long lines. I think because of agency, it's why a lot of people tried Overdrive.