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Thread: Amazon's E-Book Price Reversal: A Mixed Blessing (BussinessWeek)

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02-02-2010, 12:48 PM

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Amazon's E-Book Price Reversal: A Mixed Blessing (BussinessWeek)

Quote:

Amazon said on Jan. 31 that it will let Macmillan, one of the store's largest publishers, set its own prices for Kindle books and keep 70% of the sales. The green light is expected to result in a price increase of as much as 50% for Macmillan titles and may bring higher prices for Macmillan's competitors, the Authors Guild told Bloomberg News.

Emphasis mine, personally this article is spot on.

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