Saturday, February 6, 2010

You Should Pay More for eBooks

Macmillan printed books and eBooks began to return to Amazon last night following a dispute over Amazon’s $9.99 eBook pricing scheme. Under the agreement, publishers can now raise prices to up to $14.99.

Macmillan, which was later joined by fellow publisher Hachette, requested the price increases over fears that Amazon would undercut its hardcover sales.