The Perseus Books Group has reached an agreement withApple to sell its e-book titles through the iBookstore in time for the launchof Apple's much anticipated multimedia reading device, the iPad, in April. Theagreement includes Perseus titles as well as those of its distribution clients.
Perseus follows Macmillan and four other major New YorkCity trade book houses who also plan to sell their e-books through the iBookstoreusing the "agency' business model in which Apple gets 30% of the e-book'sretail price. It's expected that most of the e-books will sell for somewherebetween $12.99 and $14.99. Perseus Distribution clients include Distributed ArtPublishers, the New Press, Columbia University Press and Harvard Business School.
David Steinberger, president and CEO of the Perseus Books Group, said the house was "working withApple to make books from The Perseus Books Group and the independent publisherswe represent available on the iBookstore starting on April 3. Perseus isthrilled to be making our books available on the iPad."
The New York Times reported that Workman has also signed with Apple.