Though the retail giant has conceded that publishers should be able to set their own prices, it wants publishers to sign three-year contracts and guarantee their e-books won't sell for less anywhere else. But, according to NYT, publishers are hesitating to lock into these contracts because of how rapidly the industry is changing, especially with the upcoming release of Apple Inc. (Nasdaq: AAPL)'s iPad.
This demand comes just two months after Amazon shut down sales of Macmillan books on the site, only to later relent.
In other news:
— Erin Barker, Digital Content Reporter, Cable Digital News