Publishers are making a killing on e-books because they cost nothing to produce, distribute and sell and are almost 100% pure profit. At least, that’s what many consumers think. But how much does it really cost to produce an e-book?
In an item that will appear in the New York Times tomorrow, media reporter David Carr calls into question the Justice Department’s motives in going after Apple and the “agency five” publishers and not Amazon. In doing so, he compared the publishing industry to a roadside pit-stop (Book Publishing’s Real Nemesis): The Justice Department...
Consumers looking forward to never paying more than $9.99 for an e-book may have to wait longer than anticipated. Now that Amazon has the power to control more of its Kindle e-books’ prices, it will lower them slowly and strategically, according to a books-industry analyst from Forrester Research, Inc.
E-book prices for Amazon’s best-selling e-books have spiked in the past several weeks amidst heated speculation that the U.S. Department of Justice would file a lawsuit against Apple and some of the largest U.S. publishers alleging an e-book price-fixing scheme.