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Originally Posted by fjtorres
The B&N numbers from 2010 were part of a conference call. If they are bogus, the SEC would very much like to hear about it.
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The thing is, with the numbers, there's no way to be sure if they are correct or not and (IMHO), I just thing they are wrong as they don't make much sense.
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Consumers buying the agency titles were ripped off to the tune of 30-50%, authors got lower royalties, and the publishers have the legal fees and five years of federal oversight over their heads; no amount of spin and FUD is making that into a good thing for *anybody*.
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There is a new problem that plagues consumers. Given that the BPHs are basing the eBook prices on the cost of the lowest price pBook, they've taken to trying to do away with the MMPB and go for other really awful paperback formats so they can get away with raising the price and thus keeping the eBook price artificially inflated.