Amazon lets Macmillan sell $15 titles, says customers will decide
January 31st, 2010 admin
Amazon has a small write-up explaining their decision to let Macmillan set prices . They say that Macmillan has a monopoly over their titles and Amazon want to offer the titles to Kindle owners (even if the price isn’t right) and let them decide - Macmillan, one of the “big six” publishers, has clearly communicated to us that, regardless of our viewpoint, they are committed to switching to an agency model and charging $12.99 to $14.99 for e-book versions of bestsellers and most hardcover releases. We have expressed our strong disagreement and the seriousness of our disagreement by temporarily ceasing the sale of all Macmillan titles. We want…
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Amazon has given in to Macmillan, and will switch to a pricing model that sees eBook versions of bestseller and new hardcover releases offered to customers at $12.99 to $14.99. The official statement is as follows: Dear Customers: Macmillan, one of the “big six” publishers, has clearly communicated to us that, regardless of our viewpoint,...
Amazon is still sleeping on Macmillan’s couch, but at least they’re talking again. Rumor has it Amazon quietly started restocking hardcover and paperback copies of the publisher’s books—but not the eBook ones. Updated. Both companies declined to comment on the eBook side of the debate, so there’s obviously some more...
Amazon is still sleeping on Macmillan’s couch, but at least they’re talking again. Rumor has it Amazon quietly started restocking hardcover and paperback copies of the publisher’s books—but not the eBook ones. Updated. Both companies declined to comment on the eBook side of the debate, so there’s obviously some more...
Let’s start with a brief explanation of the agency model. What is the Agency Model? Macmillan CEO John Sargent explains it thus (courtesy GalleyCat ) – Under the agency model, we will sell the digital editions of our books to consumers through our retailers. Our retailers will act as our agents and will take a 30% commission (the standard...
To be quite frank my initial thoughts on this were – Prices higher than $9.99 are greed - they lead to lower book sales, and they hurt books in the long term. $9.99 is good for people who read books and it’s good for authors – especially with the new royalty rates that Amazon and Apple are offering. However, there are lots of...
Amazon’s restored the entire book catalog for Macmillan, the first publisher to play hard ball with them—and have its entire catalog promptly pulled from the site. The details of the deal aren’t public, but the NYT specu-reports that Amazon probably “demanded that no other e-book vendors, such as Apple, get preferential access...
Amazon’s restored the entire book catalog for Macmillan, the first publisher to play hard ball with them—and have its entire catalog promptly pulled from the site. The details of the deal aren’t public, but the NYT specu-reports that Amazon probably “demanded that no other e-book vendors, such as Apple, get preferential access...
GalleyCat has some riveting news and claim that the ‘Agency Four’ i.e. Simon & Schuster, Harper Collins, Penguin, and Hachette are all part of some major drama – Here’s an excerpt from the subscription-only story : “The indications are that if the Agency Four have not finalized new digital sales agreements...
The Bits Blog has an update from Motoko Rich stating that Macmillan offered Amazon one of two choices – An agency model like iPad will have – Publishers set eBook prices and get 70% of revenues. This would mean Publishers set prices for new books at $15 and get $10.50. The big win is the $15 price. A wholesale model like Kindle...
![The $9.99 Ebook Is Dead: Third Major Publisher Hachette Dumps on Amazon [Amazon]](http://cache.gawker.com/assets/images/4/2010/02/applepublishers.jpg "The $9.99 Ebook Is Dead: Third Major Publisher Hachette Dumps on Amazon [Amazon]")
Amazon’s ebook pricing structure has crumbled. Hachette’s the third major publisher to push for the agency model, following MacMillan and HarperCollins : They’ll set the ebook prices (higher, natch) and the bookseller takes a cut. The $9.99 ebook? Poof. It looks the pricing model reportedly first proposed by Apple to publishers—from...
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