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The ebook version of the memoirs of former UK Prime Minister Tony Blair has been discounted by as much as 70% below RRP, again raising debate about deep discounting in the UK trade.
The Book Depository's sales in its latest financial year have increased by more than 20% to £74.2 million. For the year ending June 2010, sales increased by more than £12.7 million.
Uk retailer W H Smith has slashed the prices of its top 100 fiction e-books by 66%, sparking a new discounting war in the UK trade.
UK supermarket chain Sainsburys has reported that its book sales are up 35% in the last quarter.
Amid concerns about heavy discounting, falling book sales and the difficulties faced by mid-list authors, some in the UK are wondering if it's time for a return to thedays of the Net Book Agreement....
Tim Hely Hutchinson, CEO of Hachette UK, has told a conference that he would back a return to some price regulation on books to help combat discounting.
Recent figures on the UK book trade tell a grim story, with sales in the mainstream high-street, chain bookstores falling off. The only bright spot is in bargain books.
The UK book trade gave away almost £4 billion in revenue due to discouting in the past decade.
Walmart's CEO has hit out at critics of the giant retail chain's discouting policies on books, saying that discounting isn't 'predatory pricing'.
The American Booksellers Association is asking the US Justice Department to launch an anti-trust investigation into the recent discounting war that has broken out between Walmart, Amazon and Target....