E-Book Readers Face Sticker Shock - WSJ.com
"The digital price increases are the result of a decision by the six biggest publishers to set their own consumer e-book prices, a move that effectively bars retailers from discounting their e-books without permission. No such agreement exists for printed books—where retailers are free to set their own prices. So while a best-selling e-book price is often less than half of the hardcover price, heavy discounting of the print version closes the gap. Industry executives say this new state of affairs may already be hurting e-book sales, which have skyrocketed over the past three years and are today 15% to 20% or more of major publishers’ revenue."
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