Quote:
Originally Posted by cfrizz
Is it possible, they are getting into publishing to re-establish control over pricing? I suspect they are taking a big hit in their sales since they had to stop the $9.99 pricing thanks to agency 5.
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In what way do you imagine they've taken a hit? Their ebook sales continue to boom, they just bragged that they now sell more ebooks than paper books of any kind. Amazon makes more money on books from the Big 6 now than they ever did.
Quote:
Originally Posted by cfrizz
If they are the publisher, they can set the price as they want including $9.99 for just released epubs.
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Or much less. Just like the tens of thousands of titles Amazon already sells for much less than $9.99. Agency pricing has always had to compete with Amazon's many other ebooks priced far below the Big 6 prices.
Amazon is moving into the publisher's territory, and the publishers are moving into Amazon's territory in setting up their own online book stores.
Competition is a wonderful thing.
Lee