Quote:
Originally Posted by wallcraft
The strange part about this entire episode is that publishers are going to be making less money from ebooks and authors are going to be making much less money from ebooks under the new setup. It is authors that the publishers are screwing the most. Amazon is most likely going to make significantly more profit from ebooks than before. Almost all the extra money that Kindle customers will be paying for ebooks will be going to directly to Amazon's bottom line.
|
This is what I don't understand. Were they trying to pitch it to Amazon that they would make more money? Why would the publishers want a deal that makes them and their authors LESS money? What's the motivation? Something doesn't add up (at least for me).