1. QUOTE from:
    Booksellers call for probe of online book price wars 2:56 PM CT
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    In the letter, the group quoted author John Grisham's agent, David Gernert: "If readers come to believe that the value of a new book is $10, publishing as we know it is over. If you can buy Stephen King's new novel or John Grisham's Ford County for $10, why would you buy a brilliant first novel for $25? I think we underestimate the effect to which extremely discounted best-sellers take the consumer's attention away from emerging writers." The ABA board, which includes one member from Texas, Steve Bercu of Austin-based BookPeople, asked to be allowed to discuss the issues further with DOJ staffers in Washington. Full Article at Dallas Morning News Business
    If readers come to believe that the value of a new book is $10, publishing as we know it is over. If you can buy Stephen King's new novel or John Grisham's Ford County for $10, why would you buy a brilliant first novel for $25? I think we underestimate the effect to which extremely discounted best-sellers take the consumer's attention away from emerging writers.
    SOURCE: Dallas Morning News Business 1 month ago
All quotes from:
Booksellers call for probe of online book price wars 2:56 PM CT
  1. We believe the loss-leader pricing of digital content also bears scrutiny
    SOURCE: Dallas Morning News Business 1 month ago
  2. Authors and publishers, and ultimately consumers, stand to lose a great deal if this practice continues and/or grows
    SOURCE: Dallas Morning News Business 1 month ago

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