Last major holdout, Random House, coming to iBooks?

By Rene Ritchie
last updated

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
Rene Ritchie
Contributor

Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.