Amazon finally explains what it wants from Hachette: lower ebook prices

See the original posting on The Verge

Amazon is finally providing some explanation for its ongoing dispute with the publisher Hachette, explaining that it’s taken issue over Hachette’s insistence on pricing ebooks above $9.99. In a note today, Amazon explains that it’s not actually looking for a particularly large share of the revenue on ebook sales: it’s only interested in taking 30 percent, a fairly standard figure for digital store sales and the same figure that it says Hachette proposed in 2010. Instead, the change Amazon wants to see is for most ebooks to sell for $9.99 or less, with only a “small number of specialized titles” being offered at prices above that.

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