Amazon’s ebook pricing structure has crumbled. Hachette’s the third major publisher to push for the agency model, following MacMillan and HarperCollins: They’ll set the ebook prices (higher, natch) and the bookseller takes a cut. The $9.99 ebook? Poof.
The $9.99 Ebook Is Dead: Third Major Publisher Hachette Dumps on Amazon [Amazon]