Comment Re:Kindle (Score 1) 684
You are missing the biggest part of the $10 debate. Amazon is paying certain publishers $14 wholesaler per title, then turning around and selling the title for $10. Why? Because they are willing to use the books as loss leaders to drive sales of the Kindle, which gives them more strength to negotiate for a lower wholesale price later down the road.
The publishers are whining because at $10 it lowers the perception that the contents books are worth a lot of money. They don't want you to think ebooks can be discounted perpetually until they sell for a buck a title.
Amazon is whining because they are paying the agreed on price to the publisher and it is their business how much money they are willing to lose per title as long as it drives up Kindle sales.
Us ebook buyers are whining because it is borderline price fixing, which is illegal in this country. And while rare titles should command a price, there is no way in hell that a mass release title needs to cost more than $10 for everyone involved to make money.
And yes, the two biggest losers here are going to be the mom and pop bookstores, which are going to be relegated to used bookstore duty only, and the small authors, who are getting sabotaged out of creating grassroots interest in their works since obviously the big publishers aren't interested in marketing them but have no trouble sabotaging new channels that allow them to do the marketing on their own.