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So much FUD in this thread! First off;publishers are getting wholesale prices for their ebooks from Amazon. Amazon has been paying ~$14-$15 per book and selling them at a loss to drive Kindle hardware sales. Macmillan etc... have been making the same money from Kindle editions as hardcovers, they will actually make less using the agent model but they will be able to control the pricing. The biggest concern the publishers is that Amazon's loss-leader pricing "undervalues" their product. I have news for you, your product is only worth what people are willing to pay for it.
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