China National News
ChinaNationalNews.com Thursday 9th February 2012 Edition 0605/10
Follow us on Follow us on TwitterFollow us on facebook
  • More Breaking Technology News

  • Let Syrians decide their future themselves, says Russia
  • In unprecedented move, Iranian parliament summons president for questioning
  • Argentina to approach UN on dispute with UK over Falklands
  • Santorum wins in three state caucuses, breaks Romney's winning streak
  • Pre-dawn drone attack kills 10 militants in Pakistan
  • Settlement reached in 15 more phone hacking cases
  • In 2011 German exports edged past trillion euros mark
  • Shareholders force Yahoo board shake up
  • Aviation safety agency orders inspection of entire A380 fleet
  • Weaker commodities price see BHP Billiton profits dip
  • Unremarkable moves on Wall Street
  • Kanye, Bruno Vie for Top Music Honors
    Get Breaking Technology News headlines emailed to you daily.

    Major publishers to hike prices of electronic books
    China National News
    Monday 8th February, 2010  
    (IANS)


    Three of the largest US 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.'


      Email this story to a friend

    Have your say on this story

    Your nickname (required)
    Message