Yeah, this is the most likely reason to not ahead. Someone else suggested Blackwell’s would have signed some legal agreement to not publish further, which would be a pretty severe obstacle.
I’m interested to understand why the publishing house is valued 10x the bookstore, I don’t know why the book-publishers would make 10x-50x what the book-sellers do.
Yeah, this is the most likely reason to not ahead. Someone else suggested Blackwell’s would have signed some legal agreement to not publish further, which would be a pretty severe obstacle.
I’m interested to understand why the publishing house is valued 10x the bookstore, I don’t know why the book-publishers would make 10x-50x what the book-sellers do.