Counter-example:
Baen Books produces two $25 hardbacks each month. All their hardback releases for the past ten years have also been available for $6 as an ebook, two weeks
before the hardback hits the shelves. Indeed, their entire output each month (6 books on average) is available in ebook form for a total of $15.
Baen are profitable, and continue to sell hardbacks, paperbacks and ebooks.
There's no reason why other publishers couldn't do the same, if they stopped wasting money on DRM, and told Amazon and other retailers that insisting on the same cut for ebooks as for paper books was ridiculous.
Quote:
Originally Posted by GA Russell
Here is a Financial Times article from today in which the French publisher Hachette complains about Amazon's $9.99 price for best sellers. He thinks that if the public becomes accustomed to that price point, all other eBooks would have to be sold for less, and the hardback book may go away.
http://www.ft.com/cms/s/0/0df31226-9...44feabdc0.html
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