Hatchette eBooks prices will increase 220% on OverDrive

INFODocket reported this news yesterday about Hatchette prices rising 220% on OverDrive beginning October 1, 2012.  For the full post, see INFODocket.

 Dear Library Partner,

Hachette will be raising its eBook prices on October 1, 2012 on their currently available eBook catalog (~3,500 eBook titles with release dates of April 2010 and earlier). On average prices will increase 220%.

Orders for Hachette eBook titles at current pricing must be submitted in Content Reserve by 11:59 pm US Eastern Time on Sunday, September 30, 2012. This includes any orders that are currently in your Content Reserve work queue as well as new orders created during the remainder of the month. Any orders with Hachette eBook content left in your work queue and submitted after September 30th will be processed under the new pricing.

Effective October 1, 2012, the new prices will be reflected in Content Reserve.

Regards,

OverDrive Collection Development Team