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I don't disagree that things are moving too slow.
The main issue is that the investment should have started long ago. But just a few years ago I had to "persuade" some publishers that costs could be lowered if they each committed to a meaningful volume.
That should have never been the case. But just like much of the large companies out there...people make a living by reacting.
If Baen's model is working for them...then that's great. I'm not sure that any one model will be the "best" for a long time to come.
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