News Corp also takes aim at Amazon e-book pricing

News Corp also takes aim at Amazon e-book pricing.

[newsimage][/newsimage]News Corp. CEO Rupert Murdoch is the latest person upset with Amazon's $9.99 e-book pricing tier, opening the door to possible re-negotiations with the popular e-tailer.

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"We don’t like the Amazon model of selling everything at $9.99,” Murdoch noted recently. ”They pay us the wholesale price of $14 or whatever we charge. But I think it really devalues books and it hurts all the retailers of the hard cover books.”
Despite the significantly lower distribution costs?

Another cash-grab in the middle of a world recession. Smart that. Grab as much money as you can …