Monday, November 1, 2010

Amazon UK Makes Switch to Agency Terms with Three Publishers

Seems the big boys continue to insist on shooting themselves in the digital feet. theBookseller.com: "Amazon.co.uk has moved on to the agency model in the UK with publishers Hachette, HarperCollins and Penguin now setting their own e-book prices. Customers buying an e-book from the Kindle store from any of the three publishers are told: 'This price was set by the publisher.' A Penguin spokesperson said: 'I can confirm we are now on the agency model with Amazon as of today.' Penguin and HarperCollins have followed Hachette, which switched to agency pricing in September. Amazon is the first online e-bookseller to make the switch, with no Penguin or Hachette e-books yet available for sale on either Waterstones.com or W H Smith's website. ... "