Quote:
Originally Posted by llreader
Wait, now Apple is the shadowy eminence pulling the strings here?
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There's nothing particularly shadowy about it, it's all quite out in the open. Check back through the news announcements right here on MR if you like.
The timeline is:
- Apple approaches Big Six publishing houses to provide Apple with e-books. Apple offers an agency agreement, offering publishers price control and a 70/30 revenue split, suggests setting opening hardcover bestseller prices in the $13-15 range. This is widely covered, as it lends credibility to the rumours about the much-speculated-on-but-as-yet-unannounced Apple tablet.
- In an interview just after the formal announcement of the tablet and the iBookstore, when asked how Apple's bookstore will be able to compete with Amazon's $9.99 bestsellers, Steve Jobs replies that prices "will be the same" at both stores.
- A few days later, Macmillan representatives demand that Amazon offer Macmillan the same deal Apple has already offered or Macmillan will delay releasing new e-books to Amazon until seven months after they have released them to Apple.