Ebooks VS. Hardcover Books
Writer Unboxed has a pretty important article up that I haven’t really seen elsewhere. Basically, it details the price and royalty comparison between hardcover books and ebooks, and how it effects the profit margin of publishers and authors.
Basically, it comes down to a publisher explaining in an earnings meeting that they make more off ebooks because of lower royalties and lower costs. That would be fine if they brought absolutely anything to the table, had to take more risk, anything, but they are facilitating what most people can accomplish for free on their own.
It’s definitely worth a read.
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