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Report: Apple Keeping E-Book Prices In Check

Based on ongoing negotiations between Apple and book publishers, the price of e-books could remain rather unchanged post iPad. Rumor was that publishers had had enough of Amazon's $9.99 flat rate, and were counting on Apple to sell their titles at markedly higher prices.

"Publishers indicated that e-book editions of most newly released adult general fiction and nonfiction would sell in a range from $12.99 to $14.99, under a complicated formula that pegs e-book prices to the list prices of comparable print editions," reports The Times. Now, however, sources tell the paper that Apple has inserted provisions requiring publishers to discount e-book prices on best sellers.

Read the whole story at New York Times »

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