Attorney Lloyd Jassin:
Commercial publishing is doomed if the price of new books continues to fall and Amazon or Google launches a viable cloud service. And, prices will fall. Printing and publishing are no longer synonomous. Digital publishing has sharply reduced the capital investment required to be a publisher. As such, the perceived value of a digital file is near zero. At some point even free may seem like a lot of money. Cheap prices devalues literature. That's what the remarkable -- and successful -- campaign to adopt agency pricing was about.
Read the whole article on Lloyd's website here, or here:
Copylaw: How the Cloud, Expensive Hardcovers, Free eBooks &...: "Victorian Publishing May Hold the Key to Solving the Digital Book Crisis By Lloyd Jassin ..."
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