Amazon's goal is to offer
ebooks at a huge discount and seed the ebook reader market with Kindle devices, which, in turn, will create a monopoly that forces customers to buy ebooks only from Amazon.
Not exact matches
The rapid growth of the
ebook market, along with persuasive voices encouraging authors to price everything
at 99 cents (in part to make spammy books less profitable), has led to a
huge discount mentality among readers.
Publishers may be reluctant to sell foreign rights to China Mobile, as it takes a
huge cut of sales —
at least 50 percent and sometimes as much as 70 percent — and sells the
ebooks at a 90 percent
discount from the print price.
How do
ebooks cover the
huge advances needed to buy books if we can not generate the cash, especially
at their extremely low,
discounted prices, cover the advances that an entire industry has come to require?