Hachette E-Book Price Increase to Libraries Initially Overstated: 104%, Not 220%
Digital Book World and others reported last week that Hachette had increased the prices it charges its library clients to buy its back-list of e-books by an average of 220% across its 3,500-title collection. According to an email from an OverDrive spokesperson, the company miscalculated this figure and the true price increase is 104%, not 220%.
The company has updated a blog post it wrote on the matter last week to reflect this change.
Seeing prices double rather than triple for Hachette back-list e-books may mollify some librarians and observers — though not likely this observer, who said librarians who paid for these e-books are “suckers.”