Apple Thoughts: Random House Accepts Apple's Pricing Model

"Add another potential announcement to the already long list of items we are expected to hear from Apple Wednesday: iBooks. Random House, one of the largest publishers of physical books, is now ready to accept Apple's "agency" pricing model for ebooks sold through the Cupertino, Calif. company's iBookstore."

Sure, they haven't been announced officially but making an announcement like this leads one to believe that the announcement is imminent, perhaps even tomorrow as the story says. This is a pretty big deal for iBooks since Random House is one of the largest publishers of books in the US with over 17,000 titles, and was the last major holdout on going along with the pricing structure that Apple set up for iBooks.