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Earlier this week, Amazon unveiled its latest tactic in the mega-company’s battle with Hachette, a dispute that’s become as much about PR as profit margins: transparency. A brief “update” outlines exactly how much of the proceeds from e-books Amazon wants (30 percent) and how much Amazon wants to charge for those e-books ($9.99).
There are also Economics 101 buzzwords like “price-elastic” and internal numbers that claim lower e-book prices actually result in higher revenue for everyone. There is, of course, another side to this story — and a months-long dispute that won’t end because Amazon named names.
Here’s the rundown on what the average book buyer needs to know. … Read More
There are also Economics 101 buzzwords like “price-elastic” and internal numbers that claim lower e-book prices actually result in higher revenue for everyone. There is, of course, another side to this story — and a months-long dispute that won’t end because Amazon named names.
Here’s the rundown on what the average book buyer needs to know. … Read More
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