We hear much these days about how e-books are going to overtake print books and eventually make print books . . . obsolete. Perhaps.
And perhaps not.
A lot depends upon the cost structure, including royalty levels. The issue is thus far built on a foundation of shifting sand and how it plays out remains to be seen. But let's face it: how many successful e-books can you name that are not the outgrowth of a print version? I can't think of many (or any). There might be a few, but if so they were special deals driven by a big name like [fill in the blank]. What about the rest of the author universe?
How many publishers can do that for an e-book that retails for the cost of a trade paperback (or less?) Not many, I fear.