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by mkozlows 3924 days ago
It's not just that they have no incentive to pass on the savings, they actively do not want ebooks to become popular -- they've stated this outright at various points in their battles with Amazon, that their goal with ebook pricing/policies is to preserve their print business as much as possible, as they believe that's totally key to their future success.
1 comments

Yes, pretty much like Kodak, which invented the digital camera, trying to kill it off/keep it expensive so it didn't cut into film sales.

How did that work out for them?

There was an interesting comment here about Kodak several months ago:

https://news.ycombinator.com/item?id=8978909