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“The concept that because a book is an e-book it should automatically be priced significantly lower than a paper book is one we don’t agree with,” said Carolyn Reidy, chief executive of Simon & Schuster. “What a consumer is buying is the content, not necessarily the format.”
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Because of DRM, we are buying the format and if we were just buying the content, then all formats would be the exact same price for one. Once we have the DRMed copy of the eBook, we are stuck with it in that format. So why the BS saying we are bying content and not the format?