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Originally Posted by lilac_jive
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).
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I suspect the existing model wasn't sustainable and both sides knew it. They couldn't continue to pretend the list price for ebooks was $30 when nobody was buying them at that price.