Amazon Caves To Publishers On eBook Pricing
AusPublishingWorker writes "With the iPad arriving on the scene, it seems that Amazon is feeling the pressure on eBook pricing from publishers. ITNews reports that Amazon has agreed to deals with both Harper Collins and Simon and Schuster which would allow the companies to select their own prices rather than the default US$9.99 price tag. Given the recent deal with Macmillan, it seems likely that we'll be seeing eBook prices moving up towards $14.99 in the near future."
Considering the fact that you get no physical copy and are encumbered by DRM, it seems to me that fair pricing is as follows:
$9.99 for the period when the only physical copy available for sale is hardcover,
$4.99 once the paperback comes out.
Anything above these prices is, to me, a rip-off.
This explains why I have never purchased an e-book, yet the bookshelves in my home are overflowing.