Books will adjust to the electronic market, just as music did. They're too important to have in some form. They might not all be linear text with interspersed pictures, but there will be something.
The book industry seems to be having the same issues as the music industry. Yes, there are lot of things that have to happen in both physical and virtual. There are also some things that have to happen only on one side or the other. Trying to make it sound like both versions are going to cost the same is like when the music industry was manufacturing CDs and charging more for them then for any other media form - even though they already cost less.
Yes, there will be a minimum low end price point, and it will depend on a variety of fixed costs. But it looks to me like the author of that article is BSing with some of that. However, until a famous author reveals their earning statements for both versions of a book, I don't think the book industry will be held accountable.
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The book industry seems to be having the same issues as the music industry. Yes, there are lot of things that have to happen in both physical and virtual. There are also some things that have to happen only on one side or the other. Trying to make it sound like both versions are going to cost the same is like when the music industry was manufacturing CDs and charging more for them then for any other media form - even though they already cost less.
Yes, there will be a minimum low end price point, and it will depend on a variety of fixed costs. But it looks to me like the author of that article is BSing with some of that. However, until a famous author reveals their earning statements for both versions of a book, I don't think the book industry will be held accountable.