
04-14-2002, 11:32 PM
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Executive Editor
Join Date: Aug 2006
Posts: 29,135
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Originally Posted by cedrones
Does anyone remember when Stephen King tried to do an E-book on a pay-per-download basis......Didn't he pull the project?????
A change in paradigm might be harder then we think.....
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Indeed, he did. No one but he knows why he didn't do it, but there is some speculation. The first is that he wasn't making enougn money off of it - only something like 10,000 people paid for the first issue ($1 each), and the numbers went down with each issue. For someone like King, who's used to making millions per book, this is chump change. If you could spend a week making $10,000 or making $1 million, what would you do?
There's not a big enough eBook market out there yet, but the market won't grow unless there is quality, top-tier brands out there for people to buy. Classic chicken and the egg - and the publishers are laughing right now.
Eventually, it will actually work. :-)
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