Last major holdout, Random House, coming to iBooks?

Last major holdout, Random House, coming to iBooks?

Random House will be adopting the Apple and iBooks-centric 70/30 "agency model" tomorrow, the day before Apple's iPad 2 event on Wednesday.

"The agency model guarantees a higher margin for retailers than did our previous sales terms," Random House said in a statement. "We are making this change both as an investment in the successful digital transition of our existing partners and in order to give us the opportunity to forge new retail relationships."

Coincidence or a sign the iBooks catalog might soon be a little less sparse?

[LA Times]

Rene Ritchie

Editor-in-Chief of iMore, co-host of Iterate, Debug, Review, Vector, and MacBreak Weekly podcasts. Cook, grappler, photon wrangler. Follow him on Twitter and Google+.

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Last major holdout, Random House, coming to iBooks?

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