In light of the revelation in the New York Times* today that “more than half of the ‘best-selling’ e-books on the Kindle … are available at no charge,” one has to ask whether the publishing profitability isn’t actually being sabotaged by the profit motive itself.
After all, the business concept behind free product is always to entice the free-taker to also be a pay-buyer; Amazon isn’t offering free books for the pleasure of giving. But, with book prices already being dragged down by slimly priced digital books, is free really a wise idea? Continue reading