Edited by Trine Bille, Anna Mignosa and Ruth Towse
Chapter 29: The economics of e-books
E-books are complements to and not substitutes for paper books, but the development of a market for e-books can disrupt the publishing industry by changing the value chain and challenging regulations. The future of e-books depends on the ability of traditional publishers and newcomers to implement new business models with prices consistent with the willingness-to-pay of e-consumers.
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