Amazon Makes Hachette A Public Offer: Price E-Books At $9.99 And We’ll Make Peace

“In a post on its website, Amazon made the argument for lower e-book prices and outlined that it would be willing to continue accepting 30 percent of e-book sales, its current take, if Hachette stopped pricing titles at $12.99 and $14.99. The company did not suggest that Hachette lower all e-books to $9.99, leaving room for exceptions for specialized titles that warrant higher prices.”