Russia Herald
RussiaHerald.com Saturday 20th March 2010 Volume 2010/79
  • More Breaking Technology News

  • Brain imaging technique to get inside consumers' heads developed
  • Technology to control turbulence in water pipes could also keep arteries clear
  • Twitter, Facebook addicts stop sexing, eating to start texting!
  • Healthcare reform bill could be voted on by Sunday
  • Travel chaos coming to the UK for Easter
  • Israel defiant in face of US and international criticism
  • Explosion outside neo-Nazi offices in Athens
  • Asylum seeker on hunger strike dies in shackles at airport
  • Jihad Jamie second American woman to be arrested for attempted assasination of Danish cartoonist
  • Policeman suspended for shooting Moscow Metro commuter
  • Ellen DeGeneres calls gay teen 'brave' following prom scandal
  • $40 billion plan approved for country-led low carbon growth in Asia
    Get Breaking Technology News headlines emailed to you daily.

    Major publishers to hike prices of electronic books
    Russia Herald
    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