Quote:
Originally Posted by delphidb96
And I have such a problem with the idea that Amazon's losing money on each ebook sale. Amazon skims 65% of the price right into their pocket. And that's better than a retail storefront gets. The author writes the book. The publisher (or author if self-publishing) supplies the file to Amazon - along with artwork. Amazon just have to format it, store a copy on their server and electronically deliver it. Where is the money going? My bet is Sprint to cover Whispernet. Unless, of course, the publishers are negotiating better deals for themselves than what a self-publisher gets from Amazon's DTP. *THAT* I would believe.
Derek
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Honestly? I wouldn't bet on it. There was that big blow up with Hachette I think? over book pricing - Amazon wanting an even bigger cut than they were already getting which lead to Amazon removing Hachette buy links. From what I read this wasn't isolated to Hachette. They were just the ones who stood up and said no. I don't know how things turned out.
http://www.thebookseller.com/news/59...th-amazon.html
I don't think ebooks should be sold for more than $10 but on the other hand I can see why the publishers are complaining. They are setting the prices high so they make a better profit when they sell through third party sites like Amazon. Why should a third party site make as much as 65% of the cover price for just selling an ebook? If the publishers get together and try to set up their own store they would probably get sued under anti-trust/price fixing laws