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'Sharing' is Piracy - 12/16/2012

Too many tech savvy people who ought to know better appear to be constructing new business models based on the assumption that it is legitimate and innovative to provide ways for "readers" to "share" ebooks, or links to where ebooks are stored. They are mistaken. If they believe that anyone may lend and ebook to a friend simply because lending takes place on Amazon, and file transfers take place via Drop Box and its ilk, they are fooling themselves and their investors and customers. Amazon pays something like a 70% rate to publishers who agree that an ebook may have "Lending Enabled", and they pay approximately 35% to publishers who do not wish "Lending" to be available. When an e-book is loaned, the original purchaser (who is actually a licensee, not an owner) does not have access to their ebook. The loan is of limited duration, and when the loan expires, the borrower loses access to the ebook. Marilynn Byerly has graciously consented...

"Sharing" is Piracy

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