NYU Law Professor: Apple Likely to Win E-Book Lawsuit

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NoGoodNick - April 12, 2012 at 7:36pm
This 'professor' must work for the publishing industry, because he certainly doesn't speak for 'authors' when he says that higher prices will mean more money for them. Under Apple's model, the author gets the exact same royalty if the book is sold for $1.50 as they get for $19.99. That's one of the objections authors have with this arrangement. Frankly, they'd rather have a tiny piece of a bigger pie, than almost none of an overly expensive one. High costs, which can't be justified on the basis of publishing expenses, helps no one but the publishers and Apple. It doesn't bring more books to market, it doesn't help the authors (who sell less books) and it doesn't help the consumer (who now have less options). This is a CLEAR care of collusion by the industry to charge unrealistic prices. However, as upsetting as the case against e-Books are, I'm more interested in seeing how this plays out in terms of magazines. There's no reason to charge the same price for paper and virtual magazines, since it costs the producer nothing more than some programming time to produce each copy. The prices should reflect this, and be CHEAPER!
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