Of the last 14 books I bought 3 were available in electronic form. (Actually, 1 was kindle and 2 were nook and I only own a kindle reader.) Also, the price of an ebook is usually a substantial fraction of the price of the book in paper. In fact, the price of an ebook is sometimes greater than the price of the book in paper (a current example is Minsky's "The Emotion Machine").
Authors also generally earn less money from an ebook sale than from a paper (paperback or hardcover) sale.
ReplyDeleteSo, the publishing company has dramatically reduced overhead (no physical publishing, warehousing, shipping, returns, print error waste, etc.), and reduced payout to authors. Yet this reduction in production costs does not result in reasonably cheaper prices.