Amazon has officially explained its reasoning behind trying to lower e-book prices, claiming that lower prices will end up being more beneficial to publishers, authors and retailers. In an update on its Forum, the Amazon Book store team said: “Many e-books are being released at $14.99 and even $19.99. That …
Read More »Amazon: lower prices of e-books benefit authors and publishers
Although electronic books are easier to make and sell than printed books, they sometimes cost similar or even the same amount of money as printed books. Lagardere SCA's Hachette Book Group, which is one of the top U.S. publishers, disagrees that e-books should be more affordable and wants to continue charging up …
Read More »Sony to shut down its e-book business in the U.S., Canada
Sony Corp. has announced that it would cease to sell its e-book readers in the U.S. and Canada shortly and would shut down its online e-book store in the country by the end of March. All e-book related services will go offline by May and customers with existing accounts will …
Read More »eReader users read more books than hardback lovers
A recent study from Pew Internet has discovered interesting statistics on American's habits where book reading is concerned. The study reveals that the average e-reader user has read 24 books in the last year, compared to just 15 books read by those preferring traditional paper books. In a country where 99% of …
Read More »Apple and book publishers in hot water over e-book pricing
The U.S. Justice Department has recently warned Apple and five large book publishers that it has plans to file a lawsuit unless they change business practices for alleged price fixing of e-books. This comes about after the European Commission launched a antitrust investigation on the same issue late last year. …
Read More »