Print rights, historically, were generally granted on a territorial basis because it made sense --- the operations of the publishing companies were also confine

Print rights, historically, were generally granted on a territorial basis because it made sense --- the operations of the publishing companies were also confined that way. And until recently, ebook revenue hasn't been a large enough fraction of the print sales to give anyone an immediate financial motive to renegotiate. (This in an industry where, like most of the world, "we've always done it that way" is taken to be a sensible argument for continuing to do it that way, and people generally don't believe that the best way to predict the future is to invent it. The limits of this strategy are becoming more apparent as they find themselves living in a world that was invented by Jeff Bezos, and not liking it much --- but what they're learning so far from that mistake is that Jeff Bezos is a bad, bad man. Which may not be the right lesson...)