Quote:
Originally Posted by Fat Abe
There is another statistic we need: Library pbook vs. ebook borrowing rates. It would not shock me to discover a 10 fold increase in the latter in the next two years, due to Sony, Kindle, Apple, Nook, and good old-fashioned PC usage. This is the cheapest way to discover modern fiction, without even stepping into a library or book store.
What's the magic ereader price point for mass market penetration? Maybe $99.
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$99 might be a good start, but I think giving consumers an ability to transfer their paper books into digital format without having to repurchase at full cost, would really seal the fate of paper books. Copyright laws mixed with the interests of publishers and authors though would make this an impossibility.