Macmillan books coming back to Amazon
From AP News | 2010-02-06 03:46:54
<div id="subtitle">Amazon again selling new copies of Macmillan books yanked amid fight over e-book prices</div><div><p>After a weeklong absence, new copies of Andrew Young's "The Politician," Hilary Mantel's "Wolf Hall" and other books published by Macmillan are available for purchase on Amazon.com.</p><p>Since last Friday, Amazon had limited the availability of Macmillan releases in a dispute over e-books, with Macmillan calling for a new pricing system that would end the $9.99 rate Amazon had been setting for best-sellers on its Kindle e-reader. Macmillan and other publishers believe $9.99 is too low and threatens the value of books overall.</p><p>During the dispute, Amazon had stopped offering new copies and e-book editions of many Macmillan titles, allowing purchases only through third-party sellers.</p><p>Amazon, where new copies of Macmillan books were returning Friday night, had announced last week it expected to "capitulate and accept Macmillan's terms because Macmillan has a monopoly over their own titles, and we will want to offer them to you even at prices we believe are needlessly high for e-books."</p><p>On Thursday, Macmillan CEO John Sargent had issued a memo saying a resolution was probably near. Macmillan's authors include Janet Evanovich, Jonathan Franzen, Barbara Ehrenreich and its imprints include Farrar, Straus &amp; Giroux, St. Martin's Press and Henry Holt &amp; Co.</p><p>Under Macmillan's model, known as the "agency model," e-books will be priced from $12.99 to $14.99 when first released, with prices changing over time. Macmillan and other publishers are widely believed to have agreed to a similar structure for Apple's iPad device, coming in March and expected to strongly challenge Amazon's dominance of the growing digital market.</p><p>Hachette Book Group USA, where authors include Stephenie Meyer and Malcolm Gladwell, announced Thursday its support for the agency model, which gives publishers more control over pricing.</p><p>The new revenue sharing system will likely reduce initial profits for publishers, but publishers, authors and agents believe that setting a higher price benefits the industry in the long-term.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=68552715&bid=informcom" /></div><div id="copyright"><div>
Copyright 2010 <a href="http://www.ap.org">AP News</a></div></div>
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