"Your time is up, publishers. Book piracy is about to arrive on a massive scale ... "

Fascinating essay. Big subtext for me: Why easy pirating capacity will ultimately force all eBook prices down, and why the Agency Model may well be the knife with which large publishers cut their own throats. Adrian Hon, Telegraph Blogs: "If book publishers want to see the next decade in any reasonable health, then it’s absolutely imperative that they rethink their pricing strategies and business models right now. I hope this example will illustrate why ... "