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You would likely be shocked at how much the publisher pays to have an eBook produced. Years ago all the books I worked on were checked by an outside proofreader. But that expense was probably six times what we're now paid to do the entire book. And we won't even talk about schedules!
I think the whole idea of "ebook conversion" is a misnomer, and has done great damage. An eBook is an entirely new thing, but publishers think you just "push a button," and don't understand how many things can go wrong (and how many decisions need to be made). An eBook should be thought of (at least) as a new edition, requiring a new design, possibly some editorial decisions, and of course extensive proofreading.
Dave
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