Amazon.com to drop boycott of Macmillan titles but protests publisher's pricing strategyDAVID KOENIG
AP Business Writer
6:30 a.m. CST, February 1, 2010
Amazon.com says it will give in to publishing giant Macmillan and agree to sell electronic versions of its books even at prices it considers too high.
New copies of Hilary Mantel's "Wolf Hall," Andrew Young's "The Politician" and other books published by Macmillan were unavailable Saturday on Amazon.com, after the retailer pulled the titles in a surprising reaction to the publisher's new pricing model for e-books.
Amazon wants to tamp down prices as competitors such as Barnes & Noble Inc., Sony Corp. and Apple Inc. line up to challenge its dominant position in the rapidly expanding market. But Macmillan and other publishers have criticized Amazon for charging just $9.99 for best-selling e-books on its Kindle e-reader, a price publishers say is too low and could hurt sales of higher priced hardcovers.
http://www.chicagotribune.com/business/sns-ap-us-amazon-macmillan,0,6145802.storyThe publisher makes a point of protecting the usual paper book format with its eBook pricing. Novels need creative minds and fingers to be composed and that means time spent writing, researching, editing, and dreaming up the plot/characters/scenery/details. One appreciates a book more if there is a price tag involved.