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"Local libraries already lend ebooks as well."

Have you ever tried that? Limited selection and weird rules like only certain devices and complicated account creation and then you only get to "keep" the ebook for 2 weeks or whatever.

I can get "free" audiobooks the same way. Its sadly easier to borrow the physical CDs and rip them.

Authors can make money by people who get gifts, and are in a hurry, or want reference tomes. I can read Stross's new novel after waiting in line just four or so months from now for free at my local library... Ah, who cares, its like an expensive lunch to just buy the ebook so I'll do that instead and downloaded it on release date. Another method is gifts. Nobody I know goes to bookstores anymore other than to buy gifts. We don't buy books for ourselves; we do buy gifts which happen to be books. Like the hallmark holiday card business, I don't buy myself Christmas cards, and thats OK, buy some and send them to other people.

If you're not in the "gift" "reference" or "trendy in a hurry" markets, you're in big trouble.



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