Tuesday, December 21, 2010

Publishers Shoot Selves in Feet with High eBook Prices

Arielle Ford @ Huffpost: "Recently Amazon.co.uk eliminated their discounts on ebooks within 24 hours of being notified by big publishers (Penguin, Hachette and HarperCollins) that retailers would no longer set the selling price of books; publishers would now dictate the terms. As a result, the pricing of many ebooks were marked up to equal or even higher than the printed versions. This led to a revolt by readers ..."