Nobody Cares About Your Fixed Costs, Publishers, So Stop Talking About Them

“We recently pointed out that publishers are fooling themselves by thinking that they must charge super high prices on ebooks. That post seemed to set off some angry folks inside the publishing industry who did the standard thing: talking about all of the overhead that goes into publishing a book. We hear this all the time. But it’s meaningless. It’s cost-based accounting, rather than value-based accounting. The consumer doesn’t care how much it cost you to make the original.”