Sentences with phrase «agency pricing model came»

When the ebook agency pricing model came under fire by the US Justice Department and the European Union, companies began to settle out of court.

Not exact matches

In April of 2010, the so - called «agency model» of ebook pricing came into effect and caused a furor in the publishing industry.
He said the Department of Justice had ruled that the agency model was «legal», and the DOJ mandated deals (agency - lite) that allowed for retailer discounting of agency - priced titles would come to end this year.
Those same five Big Six publishers — Simon & Schuster, Hachette, HarperCollins, Penguin, and Macmillan — ultimately came to agreements with Amazon in the US over the wholesale - versus - agency pricing model.
What they are concerned about is the recent Agency Model the big publishers are coming up with to regulate global eBook prices.
Amazon quickly came to fully appreciate that not just Macmillan but all five Publisher Defendants had irrevocably committed themselves to the agency model across all retailers, including taking control of retail pricing and thereby stripping away any opportunity for e-book retailers to compete on price.
The agency pricing model does not work when it comes to ebooks and the fall of sales should be clue to the publishers.
Some of the events of 2011 were of the «you coulda seen it coming» variety — Borders closing or Random House going to the agency pricing model.
Some pro-electronic publishing forums have suggested that, like cigarettes, ebooks produced by the publishers adopting the agency model should come with a warning along the lines of: Warning: buying this book will support a publisher who wants to increase book prices for all.
The Agency Model, if you've come a little late to this party, is a baldly anti-consumer price - fixing conspiracy (I wish I didn't have to use that word, but sometimes a conspiracy is just that, a conspiracy) that was hatched at the beginning of 2010 by some combination of Steve Jobs and executives of five of the Big Six publishers, with Random House abstaining.
The end of the love affair between Amazon and the major legacy publishers came with the agency pricing model.
But the agency model resulted in higher prices for consumers, particularly when it comes to books available in both e-book and mass - market paperback formats.
For a look back at the history of Apple negotiating with book publishers and a little more on how the agency model came about, I recommend this WSJ article from 2010 and Michael Cader at Publishers Marketplace's look at how the introduction of the iPad gave publishers «the opportunity to change the basic selling terms of ebooks with at least one major trading partner in a way that lets [them] take back control of pricing and reassert their vision of the value of an electronic version of a book.»
Second, as the article I linked pointed out, the agency model (along with higher prices and consumer backlash) came into effect in April, and that could explain the large dip in April.
And a Wall Street Journal piece looking at the industry noted that when it comes to newer titles, e-book prices are still in many cases actually higher than the printed version, which isn't subject to the agency model (although that could be because retailers like Amazon are willing to take a loss on print).
Since the company was playing catch - up to some extent with Amazon's Kindle — at least in the e-reader department — it came up with a way of getting the major publishing houses on its side: instead of the wholesale - pricing approach that existed prior to Apple's entry into the market, which gave retailers (including Amazon) the ability to set book prices wherever they wanted, the agency model would allow publishers to set the price.
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