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Why Ebooks Must Fail

The Antick Musings of G.B.H. Hornswoggler, Gent. found this 4/1/2009 on blackplasticglasses.com

This piece is about consumer or “trade” publishing as we call it in the industry. To begin, let's review how a book becomes a book. A writer gets an agent who peddles a manuscript to an editor who buys the book. The Publisher then pays an advance against the future royalties. (N. B., trade ...