Amazon advises publishers to slash eBook prices

The Bookseller posted a plea from Amazon’s publishing chief David Naggar for legacy publishers to slash their eBook prices to promote digital sales and invigorate a lackluster eBook market.

Is Amazon tired of publishers poisoning the once-full literary well with over-priced titles? There’s a good chance the e-retailer is remembering the heady early days of the eBook Revolution.

Or does Amazon regret enticing Indie authors into the exclusive (and unprofitable) Kindle Unlimited corral to tilt the playing field toward legacy publishers who ignored the advantage in favor of propping up the shrinking paper book market?

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