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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E-book Sales Rose 4% in First Quarter

Trade ebook sales rose 4.3% in the first quarter of 2014 to $387.9 million, according to AAP's monthly StatShot report. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-17 00:00:00 UTC ]
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Iowa's Hill Avenue Books Sold

Jill Krebs, who has owned Hill Avenue Books, a full-service general bookstore in Spirit Lake, Iowa, for the past 15 years, has sold the bookstore to Rachael Tinker, a long-time customer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-17 00:00:00 UTC ]
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Digital Publishers: It's Time to Think About Paying to Promote Content

There is a long-held belief among content publishers -- including many we are partnered with -- that they shouldn't pay to amplify their content. Their clear aversion most often comes from some dogmatic belief that quality content doesn't require paid promotion. For them, paying to promote... Continue reading at Advertising Age

[ Advertising Age | 2014-07-17 00:00:00 UTC ]
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Okwiri Oduor Wins 15th Caine Prize for African Writing

Kenyan Okwiri Oduor has won the 15th Caine Prize for African Writing, often described as Africa’s leading literary award. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-07-17 00:00:00 UTC ]
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Elmore Leonard's unpublished stories to be published next year

From small-town New Mexico to a military base in Kuala Lumpur, publisher promises 'razor-sharp dialogue and headlong pacing'A collection of previously unpublished short stories by the late Elmore Leonard will be released next year, his publisher has said. Continue reading... Continue reading at The Guardian

[ The Guardian | 2014-07-17 00:00:00 UTC ]
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News’ Next Big Obsession Is To "Win The Couch"

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[ Editor & Publisher | 2014-07-17 00:00:00 UTC ]
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Publishing Picasso in the “Infinite Real Estate of Digital”

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[ Publishing Perspectives | 2014-07-17 00:00:00 UTC ]
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InterMix Acquires Book Country Title

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[ Publishers Weekly | 2014-07-17 00:00:00 UTC ]
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I-5 Publishing Buys Say Media Pet Properties

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[ Folio Magazine | 2014-07-16 00:00:00 UTC ]
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Harper Lee says she didn't cooperate with new book 'The Mockingbird Next Door'

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[ The Christian Science Monitor | 2014-07-16 00:00:00 UTC ]
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Simon & Schuster in talks with Amazon

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[ The Bookseller | 2014-07-16 00:00:00 UTC ]
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How top publishers tend to their homepages

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[ Digiday | 2014-07-16 00:00:00 UTC ]
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[ Publishers Weekly | 2014-07-16 00:00:00 UTC ]
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Book sales soared to £23m last week

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[ The Bookseller | 2014-07-16 00:00:00 UTC ]
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Apple Could Pay Consumers $400 Million—or Nothing

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[ Publishers Weekly | 2014-07-16 00:00:00 UTC ]
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[ Publishing Perspectives | 2014-07-16 00:00:00 UTC ]
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S&S in Talks with Amazon

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[ Publishers Weekly | 2014-07-16 00:00:00 UTC ]
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[ The Christian Science Monitor | 2014-07-16 00:00:00 UTC ]
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Amazon 'testing ebook/audio subscription service'

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[ The Bookseller | 2014-07-16 00:00:00 UTC ]
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Mexico’s Manuvo: Building Book Apps for Spanish Readers

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[ Publishing Perspectives | 2014-07-16 00:00:00 UTC ]
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