Looks Like Apple's E-Book Prices Won't Be So High
We reported earlier that Steve Jobs actually admitted on iPad-unveiling day that Apple’s eBook pricing would not be so different from Amazon’s, despite publishers hopes. Yesterday, Motoko Rich of the New York Times offered some details about Apple’s contracts with publishers.
Here’s more from the article:
…according to at least three people with knowledge of the discussions, who spoke anonymously because of the confidentiality of the talks, Apple inserted provisions requiring publishers to discount eBook prices on best sellers–so that $12.99-to-$14.99
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