"Lloyd Jassin, an attorney who specializes in publishing, said a shift away from promising print editions is “a logical reaction to a changing industry.” If publishers increasingly hedge on committing to a print format, Jassin explained, they can take the questions about potential manufacturing losses out of the equation and focus on “building careers, not sell-through.”"
"Contracts that are vague on format give publishers the wiggle room to opt out of costlier-to-produce print books, which generally have higher price points than e-books and, in turn, bring authors higher royalties."
"When the publishers realized, well after signing, that the titles had “no chance of recouping their investment if issued first in print,” he explained, they opted for e-only releases."
Are print books on the verge of disappearing? What do you think?
If you'd like to read the full article on this subject, go to: For MajorPublisher, Will Print No Longer Be the Norm?