Amazon and Macmillan Agree: You Should Pay More for eBooks

Posted on 07. Feb, 2010 by JD in News, kindle

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.

Amazon reacted by pulling all Macmillan books, but later conceded to the publisher’s demands. Under the agreed agency model, Amazon will receive 30% commission on sales.

Will you pay up to $14.99 for eBooks? Let us know in the comments.

[via The NYTimes]

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Tags: amazon, kindle

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