After a lengthy court
battle over ebook price fixing and collusion with several of the Big Five publishers, Apple's legal drama is far from over.
Penguin's hard - to - fathom delay in settling the state and class - action
lawsuits over ebook pricing (after settling with the Department of Justice in December 2012) was down to the wire, with the company forced to join in the trial starting June 3.
* for this to work, you'll need to give me a lot of
control over the ebook pricing for the first month; and I probably can only take on books with real commercial appeal
My own Canadian publisher, Penguin, has been fighting with
Amazon over ebook pricing and generally trying to resist the digital revolution completely.
Penguin has agreed to hand over $ 75m along with costs to sort out US antitrust allegations
over ebook price fixing.
Amidst news of Amazon's apparent surrender today in the war with
Macmillan over ebook pricing, the highlighted book on Macmillan's home page is Priceless, subtitled «The Myth of Fair Value (and How to Take Advantage of It)»:
The retailing behemoth is looking to win over writers whose works are published by Hachette in an attempt to break stalemated
negotiations over ebook pricing.
There has been much
debate over the ebook pricing dispute that's emerged between retail giant Amazon and Hachette, a large multinational publisher.
New court reports this week suggest Apple (s aapl) is sinking ever deeper into legal quicksand, as the company fights a court
judgment over ebook price - fixing that could ultimately cost it close to $ 1 billion dollars.
The other article I want to highlight is from Fast Company and it's called Amazon Slaps Penguin Across the
Beak Over eBook Pricing.
Amazon and publishing company Hachette remain in negotiations after a very public
brawl over ebook pricing, and Amazon's pulling out some down and dirty trick to win its battle, including jacking up Hachette book prices.
Perhaps it's easy for me to say, being out of the ebook pricing wars now (i.e., safely retired), but much of the publisher
angst over ebook pricing terms to libraries strikes me as responding to problems that haven't yet materialized, and in fact may not.
The deal is similar to one struck between Amazon and Simon & Schuster two weeks ago, which gave the publisher significant control
over ebook pricing when it comes into effect in January 2015.
Their
row over ebook prices, which led to the online retailer freezing out pre-orders of Hachette books and has provoked angry words from authors such as Donna Tartt and Phillip Pullman, could determine the next chapter of the publishing industry.
Three of five publishers that the Justice Department accused of conspiring with
Apple over ebook pricing have already settled.
News was announced yesterday from the lawyers for the plaintiffs in one of Apple's side
lawsuits over ebook pricing that the grand total the company could have to pay out to consumers is $ 400 million.
Yes, Virginia the roosters coming home to roost this time arise from the publisher's battle with
Amazon over ebook pricing that resulted in publishers and Apple concocting the «agency model» of pricing.
«Competition is not served by permitting a market entrant to eliminate price competition as a condition of entry, and it is cold comfort to consumers that they gained a new ebook retailer at the expense of passing
control over all ebook prices to a cartel of book publishers.»
That was the year Hachette and Amazon came to
blows over ebook pricing, with the publishing giant refusing to cede price control to the online bookseller.
KENNEALLY: At Book Expo America last month, the buzz at the show wasn't about any new titles or even any new apps, but about the bareknuckle brawl between Amazon and
Hachette over eBook pricing.
In the wake of the Department of Justice lawsuit against Apple and book
publishers over ebook pricing, Amazon is in a renewed position of strength.
Unfortunately, the switch to digital also carries with it a built - in flaw, which is that subscribers expect to read digital at a lower price — hence a lot of the argument between booksellers and publishers
over ebook pricing — and advertisers expect to pay less for digital ad space.
For a long background see CNET's extensive overview from mid-2013, but the battle
over ebook price has an impact on everyone, those who read — and write — ebooks.
On the Monday after the weekend when Amazon and Macmillan faced off in a dramatic battle
over eBook pricing, I turned to James McQuivey, a vice president and principal analyst at Forrester Research, for his perspective on who won, what the stakes are, and what might lie ahead.
The case comes against a backdrop of a Department of Justice lawsuit against Apple and five of the Big Six publishers
over ebook price - fixing, a move that was widely seen as benefiting Amazon's dominant position among ebook retailers.
That difference is especially important because the Big Five are the same five publishers which negotiated agency contracts last fall and spring, giving themselves more control
over their ebook prices.
Apple has lost its bid to dismiss an $ 840m class action lawsuit
over the ebook price - fixing fiasco.
Hachette and Amazon are supposedly duking it out
over ebook price and revenue splits.
Michael Pietsch in person does not have horns, a mild surprise given how little I thought of his role in the public row with Amazon
over eBook pricing.
The head of Apple's software and services has hit out at a court ruling against the iTunes giant in a lawsuit
over ebook price - fixing.