Back in
February, the Washington Post wrote an article about John Grisham finally going digital. I still haven't seen any in the Kindle store or anywhere else other than the Darknet.
The website for the early morning news program
The Today Show posts Grisham's thoughts on the pbook price wars and the growth of ebooks.
Quote:
Paying full price for the books is essential to keep publishers, booksellers and writers in business, Grisham said.
John Grisham’s latest book is his first collection of short stories. All of them are set in Ford County, Mississippi.
“That enables me to make a royalty, the publisher to make a profit and the bookstore to make a profit,” he said. “If a new book is worth $9, we have seriously devalued that book.”
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Quote:
And the price war is not the only challenge the publishing industry faces nowadays. E-books sold for the Amazon Kindle and the Sony Reader have eaten into profits of publishers and booksellers — and Grisham says the future looks bleak.
Regarding reading books electronically, he told Lauer: “If half of us are going to be doing it, then you’re going to wipe out tons of bookstores and publishers and we’re going to buy it all online.
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