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Under the Apple model, publishers will receive 70% of each sale, or $10.49 on a $14.99 e-book. This compares unfavorably with what they were receiving from Amazon per title. However, publishers believe that Apple's customer base represents a vast new market and that they will make up the difference on volume. They also believe Amazon's $9.99 price tag doesn't reflect the true value of their books. |
Book publishers really think their content is worth more than $10 a title? Why? I can go online and read all kinds of content 24 hours a day until the end of time for free.
I understand the price of books in a world where you have to print them, store them, market them, protect them, ship them all over the world, recall and destroy them, pay to keep the lights on at bookstores, etc, etc, etc. Amazon and Apple are willing to take over every one of those production and distribution headaches and make their products infinitely more accessable for everyone who buys a device - and a 30% cut is too much for them??
I think they've lost their mind to say that they can't sell a simple fiction e-book retail for under $10.
I guess they didn't notice what happened to the music industry.