[fjtorres]

Originally Posted by Barcey

Or blaming their business problems on the "DoJ being in their shorts". It's such a burden to deal with law enforcement .... after you broke the law.



www.idealog.com/blog/publisher-margins-today-may-be-enviable-but-it-will-be-a-big-challenge-to-keep-them-that-way/

Their concern is that they have always colluded to set their rates (and most contract terms) and with the DOJ watching their moves for the *next few years* they would have to act independently and are terrified to have to actually calculate a fair royalty.

In their "defense", if one of them acts independently there is a chance agents might start agenting (for a change) and spawn bidding wars. And, again, with the feds watching...

Besides, it's better to keep on ripping off authors at 25% of (hollywood accounting) net.