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.
BetaNewsEU ready to settle with
publishers over ebook price - fixing, but no talks yetBetaNewsBy Ed Oswald European Union antitrust chief Joaquin Almunia says that the Competition Commission is open to a settlement with publishers in the increasingly...
Not exact matches
My own Canadian
publisher, Penguin, has been fighting with Amazon
over ebook pricing and generally trying to resist the digital revolution completely.
eBook sales are down across the board, due to fact that
publishers have more control
over the
pricing and have driven the
prices up.
Once big corporate
publishers got control
over their authors
ebook prices they jacked up the
price.
While traditional
publishers are locking said gates and gouging
prices of
ebooks, readers all
over the world are embracing new work from new writers at a fraction of the cost.
Authors, writers,
publishers of
eBooks, audiobooks and short texts can... A) sell their
eBook through their author page on XinXii - without author contract - in real - time, without technical skills - with an own authorpage and online shop - enter all information such as description, tags, cover,
price... - upload an
eBook in one or multiple formats: PDF, ePub, mobi, doc, xls... - high royalties per download - consolidated real - time sales reports - keeping full editorial and copyright control or B) sell their
eBook through their author page on XinXii and additionally on major
eBook retailers - we convert
eBooks to the ePub and mobi format for free - we distribute to the leading
eBook - shops all
over the world for free - we provide consolidated sales reports Readers have... - the opportunity to discover new titles in all categories and genres - an easy access to a huge variety of content - can instantly download after purchase - have the opportunity to rate and comment on
eBooks
The
publishers accused of conspiring to fix ebook prices — Hachette Book Group, HarperCollins Publishers, Penguin Group (USA) Inc, Macmillan and CBS - owned Simon & Schuster (ZDNet is also owned by CBS)-- agreed to pay over $ 160 million in settlemen
publishers accused of conspiring to fix
ebook prices — Hachette Book Group, HarperCollins
Publishers, Penguin Group (USA) Inc, Macmillan and CBS - owned Simon & Schuster (ZDNet is also owned by CBS)-- agreed to pay over $ 160 million in settlemen
Publishers, Penguin Group (USA) Inc, Macmillan and CBS - owned Simon & Schuster (ZDNet is also owned by CBS)-- agreed to pay
over $ 160 million in settlement charges.
2 min readThe
eBook pricing war rages on, with such heavy - hitters as the Department of Justice, Amazon, Apple, and the majority of major
publishers continuing to tussle
over the
price of
eBooks.
By sticking to this loss - making practice, to create a perception amongst
eBook buyers that they should not have to pay more than $ 9.99 for an
eBook, and to thereby,
over time, force
publishers to drop their retail
prices for
eBooks.
What I mean is that
publishers may be agitated
over ebook distribution — mainly about
price control — but they don't have an issue with the platform.
As I have been saying here
over and
over and
over, most electronic books sold through most major
ebook retail outlets are sold by traditional
publishers in the
price range of $ 7.99 to $ 15.99.
One last fact: Even after the
price - fixing issue called «agency
pricing» is settled and
over, nothing prevents
publishers from charging Apple and Amazon and any other
ebook channel that comes online between now and forever, whatever
price they want for an
ebook.
Since those
publishers were forced to abandon the «agency
pricing» model, in which the
publishers dictate to the retailers how much the book will cost, they have renegotiated with something called Agency 2, which essentially lets the retailers set their
prices for
ebooks as long as the total discount
over time doesn't exceed thirty percent.
The aspect of putting direct control
over the
price of
eBooks into the hands of the
publishers, both large and small is ground breaking.
Many
publishers colluded with Apple when it launched iBooks to create a uniform
ebook pricing structure to disrupt Amazon's complete dominance
over the industry.
In what was supposed to be a move to give the independent booksellers a leg up
over major chain retailers, online retailers, AND
ebook distributors, the
publishers would set one
price per title and no seller would be allowed to discount that title more than five percent.
A US judge is still in the process of handling the DOJ lawsuit against Apple — along with five of the then - Big Six
publishers — for conspiring to raise the
price of
ebooks in order to impact the market share that Amazon held
over the industry.
This settlement isn't to be confused with the Department of Justice lawsuit against Apple for colluding with five of the then - Big Six
publishers to artificially raise the
prices of
ebooks in order to draw some of the control
over the market away from Amazon.
I think
publishers have been trying hard to convince them otherwise, by regularly
pricing ebooks as much as or in some cases more than paper editions — so yeah, maybe these extended sales might «undervalue» titles to the extent that they remind people that they've been slowly brainwashed
over time to expect to pay the same or more for «products» that are cheaper to produce.
There has been much debate
over the
ebook pricing dispute that's emerged between retail giant Amazon and Hachette, a large multinational
publisher.
One of the main aspects of discounted
ebook prices from
over a year ago was due to the recent Justice Department settlement with the big six
publishers.
With plans ranging from free with a 20 % cut, to as much a $ 199 per month with additional features and benefits, it just might be the answer to major
ebook retailers and the lack of control
over pricing that authors and
publishers have felt.
Where you are wrong is that by
over pricing their
ebooks people are buying less books of any kind from the corporate
publishers.
2014 was the year the first of the major
publishers was able to resume its squabble with Amazon
over the
price of
ebooks.
When the world's largest
publishers struck
ebook distribution deals with Amazon.com Inc.
over the past several months, they seemed to get what they wanted: the right to set the
prices of their titles and avoid the steep discounts the online retail giant often applies.
With Amazon losing the
eBook price battle with one of the big
publishers (Mcmillian Publishing Group with 350 companies operating in
over 80 countries), what implications will this have on the direction of the
eBook market?
-LSB-...] As anyone who follows digital publishing industry can tell you,
publishers have been raising their
ebook prices over the past several years to the point that print books are often now cheaper than
ebooks.
«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.»
As for there not being a wide selection of children's lit for
ebooks he needs to quit looking at
over priced traditional
publishers and toward the enormous number of self - publishing authors who are bypassing the gatekeepers and publishing youth orientated literate by the bit loads every month now.
Which means that for any
ebook priced over $ 9.99, the
publisher will receive 35 % of the sales
price.
It is the first shot across the purchasing bow in big
publishers» efforts to reset
ebook pricing above the loss - leader $ 9.99
price point and retake control
over that
pricing by moving from the wholesale selling model to an agency selling model (first reported exclusively in Lunch Deluxe on January 19), at least for
ebooks published simultaneously with new hardcover releases.
In a long - awaited decision from Judge Denise Cote, the court approved the settlement terms from three of the five Big Six
publishers who allegedly colluded with Apple to set the
prices of
ebooks artificially high in order to rein in some of Amazon's dominance
over the market.
Apple has faced a ton of heat
over its
price fixing allegations to form a
ebook price fixing cartel with the top six
publishers.
I can see why Apple is jaded with the platform, they colluded with
publishers to implement agency
pricing and had to pay
over a hundred million to appease the Justice Department and give that money back to the customers that paid for
ebooks.
With this landmark case seemingly
over in the European Union and the USA,
publishers will offer a starting
price on
ebooks and allow companies to discount them as they see fit.
As part of the settlement terms in several states» Attorneys General lawsuits against some of the Big Six
publishers over alleged
ebook price fixing, Amazon customers received some welcome news today: they would be receiving account credits on eligible purchases.
While the US courts hear arguments about alleged
price fixing and anti-trust issues between Apple and five of the Big Six
publishers» effort to reduce Amazon's hold on the
ebook industry, a similar investigation has been going on in the EU
over the same accusations.
When I asked for his reaction to the Department of Justice's anti-trust lawsuit against Apple and the
Publisher Defendants
over eBook pricing, he eschewed gloating and stuck to the company line: «We think it's great for customers for retailers to be able to compete and set
prices for consumers and try to find a way to build a great business and a great consumer offering.»
The
eBook pricing war rages on, with such heavy - hitters as the Department of Justice, Amazon, Apple, and the majority of major
publishers continuing to tussle
over the
price of
eBooks.
The Kindle didn't just set
price expectations for
ebooks below those of paper books, it also set them at a level above zero, which is much more important for
publishers over the long run as they navigate the transition to digital.
Now Amazon has set
price expectations for
ebooks for the consumers, and although
publishers can still wrangle higher
prices now and then, it's going to be much harder for them to do that
over the long run.
Class - action law firm Hagens Berman's seeking more plaintiffs for its lawsuit against Apple and five
publishers over illegal
ebook price - fixing.
But when
publishers price their
ebooks over ten dollars it creates a lot of frustration for me.
Because of the Amazon
pricing model,
ebooks over $ 9.99 only earn the author 9 %,
publisher 26 % and Amazon 65 %.
Publishers are right when they say there's a role for them in an
ebook world... Although authors will continue to self - publish, the debate that matters in the future is what the basket of services will be that authors require and what will be the right
price for them... good covers, changing covers, dynamic
pricing, constantly improved metadata, monitoring to catch glitch take - downs, as well as developmental editing, line - editing, copy - editing, and proofreading... The lines are drawn for that discussion and the opinions are really all
over the lot.
Also, the pending Department of Justice lawsuit against Apple and other
publishers over the «setting» of
ebook prices could affect Amazon's distribution to Apple, even with the Ingram deal.
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.
The Smashwords
ebook publishing platform puts
publishers in full control
over the
pricing, sampling and distribution of their works.