Following yesterday’s news that Penguin, citing security concerns, is pulling its new e-books from libraries—and making none of them available for library lending through Kindle—many are wondering why the publisher would do such a thing. (Penguin and Random House had been the only two “big six” publishers to offer unfettered access to e-books through libraries; now Random House is alone in doing so.)
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Personally, I think they're just greedy. They see that they're not getting a ton of profit by making their eBooks lendable, so they're forcing people to purchase them!
ReplyDeleteComaCalm's Corner
But with the profit margins on ebooks so small, and authors losing out, what's the impetus to offer ebooks at all? Makes no sense to lose money on them. Isn't the author's work worth something? With traditional books, after so many lendings, it falls apart and a new one has to be ordered. With ebooks, that's not the case. I can see arguments for both sides.
ReplyDeleteToo much profit is greedy.
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