Quote:
Originally Posted by poohbear_nc
What's more, "As e-books grow as a category, there will be cannibalization," Epps says. "The early adopter buying an e-reader device happens to be the same customer who would have bought a hardcover book."
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I disagree with this too. 99.9% of my reading is done from books at my public library. Net gain from publishers from me.... $0.00.
I'm getting an e-reader because it offers me the opportunity to buy books at $9.99 that I would have simply put on reserve at my local library if they cost $30 to purchase.
These devices allow publishers to sell books without a lot of expensive drawbacks (the costs of paper publishing, books being resold, returned, lent, etc.). If publishers don't get in the game, it wouldn't be hard to imagine B&N or Amazon cutting out the publisher altogether and offering established authors a huge chunk of the price of an e-book in exchange for exclusive rights to publish it. Certainly printing technology is such that these companies could even produce a paperback on demand to sell if necessary.