Publishers Desperately Trying To Protect Print Sales, And Failing

It has been apparent for quite some time that large publishers had been desperately trying to slow the (inevitable) transition to e-books – much as they might deny it. Despite all the breathless talk of “transmedia” and “metadata” and the furious rate of backlist digitization, the overarching strategy was clear: protect print sales at all costs, and pray that e-books will plateau soon (and that international markets won’t take to them with quite the same relish). This is the only logical conclusion from tactics that include pricing e-books artificially high (even, allegedly, going as far as price-fixing, for which they are being investigated by the EU, the (US) Justice Department, and are the subject of a number of class action Read More…