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Sounds like it's at least partially his idea to keep the eBook from coming out at the same time, in order to "help bookstores".
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This doesn't make the slightest bit of sense to me. Even with the popularity of ebooks/ereaders, I can't imagine they cut into the profits of B&M bookstores much more than Amazon already does. However, I can see how selling the hardcover for $9 at Amazon and big-box stores would definitely have a negative impact on bookstores.
I feel bad for the Stephen King fans.