Pay up: Publisher sets hefty US$35 pricetag for Stephen King ebook

There is this article that discusses how Stephen King’s new book is priced at $35 in ebook format.

Excerpt from article:

Amazon.com and others already have been losing money by offering such deep discounts and presumably would lose even more if they sold King’s for $9.99.

In another shot at the emarket, King’s ebook will not be released until Dec. 24, virtually the end of the holiday season and a month after the hardcover. Ebooks already have been delayed for Senator Edward Kennedy’s “True Compass” and Sarah Palin’s “Going Rogue” as publishers try to prevent the cheaper digital editions from taking sales from hardcovers, which, until recently, cost more.

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Amazon does have the ebook and it is being sold for $9.99