Bargain Blog
Chapter may end for $9.99 e-books
It wasn't too long ago that I was praising my new Amazon Kindle app for the iPhone because I could download e-books at the relatively cheap price of $9.99.
Sorry. But that's too cheap, publishers say.
Bottom line?
"Amazon is probably in a losing battle with the publishers, but at the end of the day this will mean more expensive e-books for consumers, who will have to shell out several extra bucks for e-books," a blogger at PC World writes.
Call it the iPad effect.
"The emergence of a (potentially) strong distribution alternative in the form of Apple's iPad has given publishers the much-needed leverage to demand a change in the existing book model," an industry expert quoted by Reuters said.
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