Tuesday, December 15, 2009
Great Regulars: What concerns them is that if e-book sales
numbers approach those of print editions, they'll be losing income needed to develop and support authors.
Harper head Brian Murray told the Wall Street Journal last week that "if new hardcover titles continue to be sold as $9.99 e-books, the eventual outcome will be fewer literary choices for customers, because publishers won't be able to take as many chances on new writers."
"We're doing this to preserve our industry," Hatchette CEO David Young told the Journal, "I can't sit back and watch years of building authors sold off at bargain-basement prices. It's about the future of the business."
from Bob Hoover: Pittsburgh Post-Gazette: Cut that e-reader off gift list
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