Monday, March 5, 2012

Your 2 hourly digest for Engadget

Engadget
Engadget
Random House drastically raises the price of e-books for libraries
Mar 5th 2012, 06:02

Random House
Oddly, Random House deciding to triple the price of its e-books for libraries is being considered a compromise. While others, like Penguin, are pulling their electronic tomes from the virtual shelves of our lending institutions, Random House is at least willing to still play ball -- even if it's making its wares prohibitively expensive. Now titles from the company start at $25, with many popular books going for more than $100, though, releases are available on day one and wont have an expiration date. Obviously, the fact that e-books can be pirated and never need to be replaced as their pages tear or bindings wear down is of concern to publishers that are losing out on a continuous stream of revenue. However, many of our libraries are underfunded and will likely balk at the new sky high prices. But, we suppose, a higher one-time cost is easier to swallow than an annual licensing fee.

Random House drastically raises the price of e-books for libraries originally appeared on Engadget on Mon, 05 Mar 2012 02:02:00 EDT. Please see our terms for use of feeds.

Permalink TechCrunch  |  sourceThe Digital Reader  | Email this | Comments

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions