Books including Andrew Young's "The Politician," and Hilary Mantel's "Wolf Hall" are returning to Amazon.com following a feud regarding how much Amazon should charge you for downloading them onto your PC or cell phone.
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We were being charged $9.99, which I thought was pretty a good deal.
Not so, publishers complained, saying that price devalues books and needs to be higher.
During the dispute, Amazon stopped offering many Macmillan titles such as "The Politician," allowing purchases only through third-party sellers.
Good news? You'll once again be able to download those books at Amazon.com. Bad news? Prices will be higher, or $12.99 to $14.99.
From The Associated Press:
"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.' "
Expect to pay the same if you download books using Apple's new iPad.
"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," the AP writes.
Good for the industry. But what about us customers, or do you agree with publishers that paying $12.99 to $14.99 for an e-book is a fair price to pay?
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