Big name publisher Random House has been conspicuously missing from Apple’s iBookstore, but it looks like that will change on Wednesday now that titles from the company are appearing in the iPad, iPhone and iPod touch online ebook store. Random House titles showing up in the iBookstore comes on the same day Apple will be hosting a special media event in San Francisco to presumably show off the next generation iPad.
Random House transitioned to an agency model for selling ebooks on March 1, which was seen as an important step in striking a deal with Apple and other ebook resellers. In an agency model, publishers set the price of books and give resellers a percentage of each sale.
Random House finally joins Apple’s iBookstore
“The agency model guarantees a higher margin for retailers than did our previous sales terms,” the publisher 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.”
Apple and Random House haven’t officially announced a deal yet, but the long list of the publisher’s titles that are already showing up in the iBookstore does a good job of making their plans clear.
Apple’s media event is set to start at 10 AM pacific time today. Be sure to check in with The Mac Observer for our event coverage.
[Thanks to 9 to 5 Mac for the heads up.]