Sony believes it can beat the Amazon Kindle to become the dominant ebook reader

US users of Sony’s Reader range of ebook readers will soon be able to download the latest news from the Wall Street Journal and the New York Post to their device, Sony has confirmed.
The Japanese electronics giant has signed an exclusive deal with News Corporation, owned by Rupert Murdoch, to give Reader users subscription-based access to publications through the ebook reader.
A monthly subscription to the Wall Street Journal will cost users $14.99, while access to the New York Post is priced at $9.99 per month. Robert Thomson, editor-in-chief of the Wall Street Journal, said that they would be earning a more favourable slice of revenue than the 30 per cent cut typically offered by Amazon to content providers.
Sir Howard Stringer, Sony’s chief executive, said the company believed the move would help it compete more closely with Amazon’s Kindle, the most popular ebook reader in the United States. “We obviously fell behind Amazon, but it’s a long war, a long race,” he said.”We’ll win the hardware war.”

Read the full story on the Telegraph

Tags: Add new tag, Amazon.com, Howard Stringer, New York Post, News Corporation, Rupert Murdoch, Sony, United States, Wall Street Journal

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