Pittsburgh Star
PittsburghStar.com Wednesday 10th March 2010 Volume 2010/104
  • More Breaking Technology News

  • Now, mobile phones to offer X-ray vision
  • Apple reports 30-45 percent growth in fiscal 2010 first quarter
  • US woman charged for plotting terrorism in Europe, South Asia
  • Innovative Putin to hold high tech interaction during India visit
  • Meghalaya sets up IT companies to boost infrastructure
  • Truth about online dating revealed
  • Rohingya refugees finding life hard in Bangladesh
  • China now able to sail through Sea of Japan
  • Aung San Suu Kyi banned from election platform
  • Letterman blackmailer pleads guilty to get off lightly
  • Israeli settlement announcement riles Biden
  • Senegal homosexuals condemned on all sides
    Get Breaking Technology News headlines emailed to you daily.

    Major publishers to hike prices of electronic books
    Pittsburgh Star
    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 (optional)
    Message