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Hard to believe
An embarrassing thrust of the head fully into the proverbial sand. I find it hard to believe the old-school publishers aren't scrambling to restructure themselves. They will not survive unless they utterly embrace the transformation their industry is about to undergo. Content prices WILL fall, the only question will be if they will fall to ZERO or not. Music is considered "free" by so many of the young now. Same with movies. Possibly even a "subscription-based" system should be looked at, like those 20,000 netflix instant-watch movies...
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