Book Betting

The current fight between book publisher Hachette and Amazon over pricing is one between a cartel (the publishers) and a monopolist (Amazon). Turns out e-books are 40% more profitable for publishers and 40% less remunerative to authors than hardcover books! Thus, it’s not surprising Amazon is squeezing Hachette over e-book pricing. The likely outcome; Hachette lowers e-book prices to make publishers, authors and retailers largely indifferent to buyer media choice.

Share This Post
Facebook Twitter Email

Speak Your Mind


This site uses Akismet to reduce spam. Learn how your comment data is processed.