I don't understand why this is greed. If I grow an apple, is it greedy for me to sell it in a way that maximises my revenue? And if I write a book or record a song, is it greedy for me to licence it in a way that maximises my revenue?
I don't understand why this is greed. If I grow an apple, is it greedy for me to sell it in a way that maximises my revenue? And if I write a book or record a song, is it greedy for me to licence it in a way that maximises my revenue?
This is my own personal belief, but my main objection to ebook pricing is the apparent price collusion that is going on in the publishing market (here's a link to a news story about one DOJ case: http://www.politico.com/news/stories/0412/75028.html). This isn't the first time that a format change prompted increased prices: when the CD was introduced, music labels charged much higher prices for CDs than prior formats -- notably, all of the labels also seemed to converge on a single, higher price. Arguably, the higher price was justifed due to better audio fidelity; maybe the same could be said for ebooks' features vs dead tree books. For at least a decade $20 CDs were the norm despite much lower music prices in the cassette era and much lower prices now. Check out Knopper's 'Appetite for Self-Destruction' or Kernfeld's 'Pop Song Piracy' if you're interested in the music industry specifically.
To cut it short: in a government-granted monopolized market, it seems a bit fishy when the entire market lurches in the (same) higher priced direction simultaneously.
Nope: http://books.google.com/books?id=Yd2Hm8BlzZUC&printsec=f...
CDs frequently cost $17 in the early 1980s; LPs cost $9. It's a few pages before chapter 2, which unfortunately isn't available for free.
You are right about the cost of CD players, which were incredibly expensive compared to older formats.