Report: Amazon Inks Dual Deals for Higher Priced Ebooks
We're still a day away from the much anticipated launch of Apple's iPad, but already the tablet from Cupertino has managed to make its presence known. According to an AFP report, Amazon has agreed to let two more major publishers raise the prices of electronic books for Kindle readers in deals similar to those Apple struck for its iPad.
The deals with Simon & Schuster and Harper-Collins allows for ebook prices to be set at $12.99 or $14.99 rather than the $9.99 price point Amazon has tried to maintain.
This marks a major win for publishers, who previous to the iPad had little leverage in negotiating deals with Amazon. Amazon might have been on borrowed time anyway with the deluge of ebook readers expected to flood the market this year, and perhaps no one is happier right now than Rupert Murdoch, chairman and managing director of News Corp., the parent company of Harper-Collins.
"Without content, the ever larger and flatter screens, the tablets, the e-readers and the increasingly sophisticated mobile phones would be lifeless," Murdoch stated earlier this year. "Without content these ingenious and wonderful devices would be unloved and unsold."
Are you prepared to pay up to $15 for an ebook, or is the publishing industry shooting themselves in the foot?

Image Credit: Amazon