Shanda: 500 yuan reasonable price for ebooks – WTF?

Trading Markets are reporting:

E-books will become a major reading mode and the reasonable price should be about CNY 500 each, said Zhou Hongli, the chief copyright officer of Shanda Literature Corp. (SDL), the literature business unit of leading Chinese interactive entertainment media company Shanda Interactive Entertainment Ltd. (NASDAQ: SNDA | PowerRating), recently.

They  must have made a mistake somehow.  500 CNY is about $73 USD. As much as the agency 5 might  love the price point, it makes no sense for the price of an ebook. Perhaps the Shanda spokesman was saying that would be a good price for an ebook _reader_. I don't know.

Nate Hoffelder

View posts by Nate Hoffelder
Nate Hoffelder is the founder and editor of The Digital Reader:He's here to chew bubble gum and fix broken websites, and he is all out of bubble gum. He has been blogging about indie authors since 2010 while learning new tech skills at the drop of a hat. He fixes author sites, and shares what he learns on The Digital Reader's blog. In his spare time, he fosters dogs for A Forever Home, a local rescue group.

1 Comment

  1. Paul Kennedy12 August, 2010

    I wonder if he meant the e-reader.

    Reply

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