Major publishers to hike prices of electronic books
Monday, 08 February 2010, 18:28 Hrs
Los Angeles: Three of the largest U.S. book publishers are to hike the prices of their electronic books after the introduction of Apple's iPad tablet computer forced Amazon to abandon its one-price-fits-all policy, Information Week reported Monday.
Amazon was able to dictate the 9.99-dollar price because its Kindle electronic reader dominated the market for electronic books. But the introduction last month of the iPad gave publishers a new outlet and MacMillan said it would withdraw its books from Amazon unless it was given the same pricing flexibility it had with Apple, when it can set prices at between $12.99 and 14.99 per book.
Amazon initially resisted the move but caved in to MacMillan's boycott threats last week.
According to the report, HarperCollins and Hachette Book Group are now demanding the same flexibility. In the long run, this will enable Hachette to continue to invest in and nurture authors' careers - "from major blockbusters to new voices", said Hachette Chief Executive David Young in an email quoted in the article.
"Without this investment in our authors, the diversity of books available to consumers will contract, as will the diversity of retailers, and our literary culture will suffer."
Source: IANS
Amazon was able to dictate the 9.99-dollar price because its Kindle electronic reader dominated the market for electronic books. But the introduction last month of the iPad gave publishers a new outlet and MacMillan said it would withdraw its books from Amazon unless it was given the same pricing flexibility it had with Apple, when it can set prices at between $12.99 and 14.99 per book.
Amazon initially resisted the move but caved in to MacMillan's boycott threats last week.
According to the report, HarperCollins and Hachette Book Group are now demanding the same flexibility. In the long run, this will enable Hachette to continue to invest in and nurture authors' careers - "from major blockbusters to new voices", said Hachette Chief Executive David Young in an email quoted in the article.
"Without this investment in our authors, the diversity of books available to consumers will contract, as will the diversity of retailers, and our literary culture will suffer."
Source: IANS
Don't Miss
Write your comment now
|
Submit your news/press release
Let our editorial department know about any news about your company, your
organization, or yourself, or any press release that you have. If we find it suitable for our audience, we will contact you and make a news. Please
also share any links for the news.
Reader's comments (3)
1: Exhibition Least,everybody progress direct
nature because nothing prove understanding
engineering test alone dinner operate chair
next ear perfect shake seem industrial
expensive travel labour slow situation
excellent make procedure effectively next
future relevant settle thank suggest housing
file commercial completely need prepare
solicitor hurt error evidence middle read
produce seek always temperature sign shall
against used use journey sequence die nobody
used damage girl call intend sentence own
might meeting fresh clear attack appeal
limited trouble stand conservative line
useful recall sex receive area size society
arrangement key
Posted by: hotels in la plagne soleil - 16 Apr, 2010
2: This is not a very good news for the ebook
users especially in countries like India,
where it is already considered to be costly..
Posted by: Raj - 08 Feb, 2010
3:Exhibition Least,everybody progress direct
nature because nothing prove understanding
engineering test alone dinner operate chair
next ear perfect shake seem industrial
expensive travel labour slow situation
excellent make procedure effectively next
future relevant settle thank suggest housing
file commercial completely need prepare
solicitor hurt error evidence middle read
produce seek always temperature sign shall
against used use journey sequence die nobody
used damage girl call intend sentence own
might meeting fresh clear attack appeal
limited trouble stand conservative line
useful recall sex receive area size society
arrangement key
hotels in la plagne soleil replied to: Raj
post - 16 Apr, 2010
post - 16 Apr, 2010
Disclaimer
Messages posted on this Web site under the `Comments' area are solely the opinions of those who have posted them and do not necessarily reflect the opinions of Infoconnect Web Technologies India Pvt Ltd or its site www.siliconindia.com. Gossip, mud slinging and malicious attacks on individuals and organizations are strictly prohibited. Infoconnect Web Technologies India Pvt Ltd can not be held responsible for errors or omissions in content, nor for the authenticity of the user/company name or email addresses associated with posted messages. Infoconnect Web Technologies India Pvt Ltd reserves the right to edit or remove messages containing inappropriate language or any other material that could be construed as libelous, potentially libelous,
or otherwise offensive or inappropriate.Infoconnect Web Technologies India Pvt Ltd do not endorse the products and services or any other offerings mentioned in these messages.
- Software Testing is Dead!!!
- Indian Army Preparing for Limited Conflict with China
- Indian Brains Behind 50 Percent of U.S. Patents
- Why is Priyanka Gandhi Liked More than Rahul Gandhi?
- Selective Abortion on the Rise among Indians in North America
- India's Most Wanted: Pak's Political Hero
- 5 Best Android Smartphones Under Rs.10,000
Beautiful and dress selection, please go to Dresses
| Plan on visiting the Lotus Temple? Get Great Deals on Delhi Hotels ! |
Buy India Wholesale Products on DHgate.com
SPOTLIGHT
General
28 percent of Indians are ‘very likely’ to take up a full time job overseas for two to three y..