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Amazon says lower ebook prices benefit authors, publishers

30
Jul
2014

(Reuters) – Amazon.com Inc, locked in a war with publisher Hachette Book Group over ebook prices, said its push for lower prices was good for authors, publishers and booksellers. Upset over its ebook prices, Amazon has delayed deliveries and cut discounts on some books published by Hachette, the fourth-largest U.S. book publisher, owned by Frances Lagardere. In a blog post on the Amazon site authored by the Amazon Books team, the ecommerce giant said e-books were very price sensitive. Amazon claims that pricing an e-book at $14.99 or $19.99 is too expensive and unjustifiable in most cases.

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