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In reply to the discussion: Amazon to Cut E-Book Prices, Shaking Rivals (making Amazon a Monopoly) [View all]WeekendWarrior
(1,437 posts)Amazon is actually GIVING value to the people who should REALLY be making the moneyauthors. Do you really care more about the middle man than the actual content creator? Do you think record companies deserve more money than the bands who make the music? I mean, SERIOUSLY?
I've said this countless times, Amazon is giving authors who have been unceremoniously DUMPED BY THEIR PUBLISHERS a chance to not only earn money, but to make more money than they ever did under publishing contracts that took the lion's share of the profits, even though those publishers did the least amount of work.
Amazon is paying authors 70% royalties. The publishers pay 17.5%. So WHO exactly is predatory?
And OF COURSE the sale of ebooks has slowed. The sale of all books slow during the tail end of the first quarter after the boom of the holidays. If you seriously think that ebook sales are somehow going to tail off and eventually fall behind, you're in for a very severe shock.
The bottom line is that Amazon is no different than any other business. They're trying to dominate the marketjust as Apple tries to, just as Google tries to, just as Safeway Supermarkets try towith one difference: you don't see Apple, Google or Safeway giving 70% of their profits to the content creators.