While the all new next gen iPad is just sometime away from us, there already is some interesting development on other quarters concerning the Apple iBookStore. The world’s largest publisher, Random House can now take comfort from the fact that their e-books can now be seen listed at iBookstore, opening up the publishing house to millions of e-book lovers.
What is even more interesting (apart from that the announcement comes just hours ahead of the iPad2 official launch) is that the Random House e-books have made it to the iBookstore just 2 days after it had adopted the Agency Pricing methodology. About Agency Pricing, what this means is that it is the publishers and not retailers who have the final say as to what each of the e-books should cost. Retailers then get a commission for the sale.