Hachette Joins Macmillan in E-Book War Against Amazon
February 7th, 2010

The Wall Street Journal reports that French publisher Hachette Book Group has sent letters to book agents letting them know that it is going the way of Macmillan and defying Amazon’s pricing scheme for e-books on the Kindle reader.
Amazon has tried to keep new digital books at $9.99 or less, but publishers are concerned that the price will undercut hardcover sales. Major hardcover releases often go for as much as three or four times that much.
Publisher Macmillan previously announced that it wanted to bump prices of its digital books closer to $15, and Amazon responded by pulling the publisher’s books ...
Read the whole story on Mashable
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