Hachette Livre CEO: $9.99 E-books Will Kill Hardcovers
Arnaud Nourry, CEO of Hachette Livre, the world's second-largest book publisher, is concerned that publishers will be forced to make drastic price cuts to their hardcover books, as a result of Amazon's $9.99 e-book pricing strategy and Google's digital library.
He predicts that prices on most books will eventually have to fall somewhere between zero and the $9.99 Amazon is currently getting for new releases.
- Companies:
- Amazon.com
- People:
- Arnaud Nourry
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