Random House fears iPad ebook price war

From the Financial Times:

Random House, the world’s largest book publisher by sales, could keep its books from Apple’s iPad when it goes on sale next month, as the Bertelsmann unit fears the effects of the tablet device on the pricing of electronic books.

Random House’s five big rivals – Macmillan, Simon & Schuster, Hachette, Harper-Collins and Penguin – are understood to have signed up to iBookstore, the retail website where e-books will be sold for the iPad.

But the absence of the book market leader would prove a blow to Apple. Markus Dohle, Random House chief executive, did not exclude the possibility of reaching a deal before the iPad goes on sale on April 3, but said he was treading carefully, as Apple’s pricing regime could erode established publishing practices.

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About Nate Hoffelder (11212 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:"I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

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