Amazon wins EU ebook pricing battle with Apple and major book publishers

The European Union has accepted an offer from Apple and four major publishers to reduce pricing restrictions on content offered at Amazon and other book-sellers. After being caught out by the EU, we heard that the offer was likely to be adopted last month, and the commission has now confirmed the settlement which, according to them, "will restore normal competitive conditions in this new and fast-moving market, to the benefit of the buyers and readers of ebooks." The new setup will let retailers set prices or discounts for two years and also drop "most-favored nation" contracts for five years. This clause had previously stopped Simon & Schuster, HarperCollins, Lagardere SCA's Hachette Livre and Macmillan from striking deals to sell ebooks at other retailers at prices lower than those offered in Apple's own bookstore -- the "favored nation"Filed under: Apple, AmazonCommentsSource: Reuters, European Commission Continue reading at 'Engadget'

[ Engadget | 2012-12-13 00:00:00 UTC ]
News tagged with: #european union #major publishers #most-favored nation #lagardere sca #hachette livre #striking deals #favored nation

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Four Questions for...Brooklyn Book Festival Host Johnny Temple

Publisher Johnny Temple might be Brooklyn's biggest cheerleader. In addition to overseeing one of Brooklyn's best known publishing houses, Temple is also the host of the borough's flourishing book festival. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-17 00:00:00 UTC ]
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Amazon Kindle's new old bug could expose your account credentials

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[ Betanews | 2014-09-17 00:00:00 UTC ]
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Chinese Publisher Brings Together Translators at New Event

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[ Publishers Weekly | 2014-09-17 00:00:00 UTC ]
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National Book Award 2014 Nonfiction Finalists

Among this year's nominees are the first cartoonist to be considered for the prize (Roz Chast), a Pulitzer Prize winner (Edward O. Wilson), and a Tony winner (John Lahr). Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-17 00:00:00 UTC ]
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Toon Books Switches Distribution to Consortium

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[ Publishers Weekly | 2014-09-16 00:00:00 UTC ]
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Publishers plead with twitchy social visitors to stay

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[ Digiday | 2014-09-16 00:00:00 UTC ]
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For Winning Indie, Drinks on Black Balloon

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[ Publishers Weekly | 2014-09-16 00:00:00 UTC ]
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BookShout to Offer E-books to Public Media Via Special Sales

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[ Publishers Weekly | 2014-09-16 00:00:00 UTC ]
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Fat Fox acquires debut picture book author Tan

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[ The Bookseller | 2014-09-16 00:00:00 UTC ]
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[ Editor & Publisher | 2014-09-16 00:00:00 UTC ]
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[ Publishers Weekly | 2014-09-16 00:00:00 UTC ]
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[ The Bookseller | 2014-09-16 00:00:00 UTC ]
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[ Editor & Publisher | 2014-09-16 00:00:00 UTC ]
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[ Digiday | 2014-09-15 00:00:00 UTC ]
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[ BBC News | 2014-09-15 00:00:00 UTC ]
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[ The Guardian | 2014-09-15 00:00:00 UTC ]
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[ Publishing Perspectives | 2014-09-15 00:00:00 UTC ]
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