Online Retailer Amazon.com has struck deals with two publishers on the pricing of electronic books, reports the Wall Street Journal.
CBS's Simon & Schuster and News Corp's HarperCollins will be allowed to set their own prices for e-books under their agreement with Amazon, the report said.
Amazon, Simon & Schuster and HarperCollins did not respond to requests for comment.
While some new bestsellers will be priced at $9.99, most will be priced at $12.99 to $14.99, the report said. Many older books will cost less than $9.99.
The publishers' deal is similar to the one they reached with Apple for the iPad tablet. Apple is positioning the iPad, which goes on sale on 3 April, as a competitor to Amazon's Kindle e-reader.
Apple will sell e-books for the iPad through its iBookstore application.
Source:
http://www.itweb.co.za/index.php?option=com_content&view=article&id=31790:amazon-publishers-strike-deal&catid=69:business&Itemid=58
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