Ka-ching! Amazon explains benefits from ebook price-fixing settlement

The direct results of the ebook price fixing scandal between Apple and the five major U.S. book publishers are one-step closer to turning into real money for millions of Amazon customers. The online retailer recently began sending out e-mail notifications to Kindle ebook buyers telling them how much credit to expect as a result of the payout from the five major publishers. “While we will not know the amount of your credit until the Court approves the settlements,” Amazon said in the e-mail. “It is estimated that it will range from $0.73 to $3.06 for every eligible Kindle book that you purchased.” An official posting on Amazon’s forum says the payout could be as high as $3.82 per ebook. Previously, credits to Amazon customers were expected to be between $0.31 and $1.32 for every purchased ebook. The new settlement increase is the result of the final two of the big five publishers (MacMillan and Penguin Group) reaching a settlement with the Attorneys General of most U.S. States over the price-fixing suit. To read this article in full or to leave a comment, please click here Continue reading at 'PC World'

[ PC World | 2013-09-02 00:00:00 UTC ]
News tagged with: #book publishers #court approves #attorneys general

Other Publishing stories related to: 'Ka-ching! Amazon explains benefits from ebook price-fixing settlement'


Amazon reports losses in third quarter

Amazon reported a loss of $274million (£170m) in its third quarter, blaming an unfavourable... Continue reading at The Bookseller

[ The Bookseller | 2012-10-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon reported


Amazon confirms Japan Kindle launch

Amazon will open a Kindle store in Japan next month, selling Japanese language Kindle e-readers... Continue reading at The Bookseller

[ The Bookseller | 2012-10-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle store


Hearst Pulls Content From Multiple Titles for Holiday eBook

Hearst Magazines has announced the release of a new ebook aimed at the holiday chef. Continue reading at Folio Magazine

[ Folio Magazine | 2012-10-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #multiple titles #hearst magazines


EC to give France ultimatum on ebook VAT

The European Commission is to give France one month to raise the VAT rate applied to ebooks or... Continue reading at The Bookseller

[ The Bookseller | 2012-10-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook vat #european commission


Waterstones and Amazon begin Kindle promotion

Waterstones has begun promoting the Amazon Kindle devices that will be on sale in stores from... Continue reading at The Bookseller

[ The Bookseller | 2012-10-22 00:00:00 UTC ]
More news stories like this |


Amazon struggles to get its books onto the bestseller charts

Books published by Amazon like the Penny Marshall memoir 'My Mother Was Nuts' have not seen strong sales. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-10-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bestseller charts #strong sales


Is Amazon Really Buying Brazil’s Biggest Bookstore Chain?

Amazon is said to be negotiating to acquire Saraiva, Brazil's dominant bookseller, with 102 stores. Is it realistic? We break down the facts and scenarios. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-10-19 00:00:00 UTC ]
More news stories like this |


Amazon debuts Whispercast service, lets organizations manage Kindles and Kindle content

Individual Kindle users already have Whispernet, and Amazon has now announced another free service designed to make Kindles easier to manage for large organizations. Dubbed Whispercast, the service will let schools, businesses and other groups both distribute and manage the Kindles themselves... Continue reading at Engadget

[ Engadget | 2012-10-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #distribute content #kindle content #large organizations #source link


Haynes to sell ebooks independently

Haynes Publishing is launching its first range of ebooks and selling them independently through... Continue reading at The Bookseller

[ The Bookseller | 2012-10-16 00:00:00 UTC ]
More news stories like this |


Amazon.com tells customers: settlements a "big win"

Amazon.com has begun telling customers that they may be eligible to receive a refund on ebooks... Continue reading at The Bookseller

[ The Bookseller | 2012-10-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #big win


Amazon: breaking even on popular Kindle sales

In an interview with the BBC, Amazon CEO Jeff Bezos confirmed what many surmised: Amazon is selling the Kindle Paperwhite and Kindle Fire HD at cost. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-10-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle paperwhite


Jeff Bezos Reveals Amazon Makes No Dough On Its Hardware

Jeff Bezos, in the U.K. to launch the Kindle Paperwhite and Amazon's Lending Library service, has told the BBC that his firm makes no money on its Kindles. "We make money from when people use our devices, not when people buy our devices," he told technology correspondent Rory Cellan-Jones. "That... Continue reading at Fast Company

[ Fast Company | 2012-10-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle paperwhite #make money #people read #jeff bezos #ve bought #digital books


Amazon's Kindle Paperwhite coming to the UK on October 25th, starting at £109

Amazon has found a relatively clear day in the calendar on which to launch its excellent Kindle Paperwhite e-reader in the British Isles. The ad-supported basic model will knock you back £109, while an extra £60 will get you the 3G version. Amazon's Lending Library service will roll-out at the... Continue reading at Engadget

[ Engadget | 2012-10-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #british isles #3g version #barnes noble


Amazon extending Kindle Owners' Lending Library to the UK, Germany and France this month

Amazon's Kindle Owners' Lending Library has grown considerably since launching in the US, and it looks like the company's finally decided it was time to let some other countries in on the service as well. It announced today that Amazon Prime members in the UK, Germany and France would all have... Continue reading at Engadget

[ Engadget | 2012-10-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #announced today #lending library #kindle owners #grown considerably #local languages


Amazon brings controversial e-lending scheme to UK

Amazon is to launch its controversial Kindle Owners' Lending Library in the UK from the end... Continue reading at The Bookseller

[ The Bookseller | 2012-10-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lending library


Chicago Tribune Launches Ebook Initiative - but L.A. Times Opts Out

Tribune Company has kicked off an ebook initiative in partnership with Agate Publishing, collecting stories and photos from the Chicago Tribune and two other newspapers and selling them as digital long-form features. Tribune, which has already relea ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-10-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tribune company #chicago tribune #ebook initiative #agate publishing


Amazon market share ‘increases dramatically after Kindle buy’

Amazon's market share of book sales significantly increases once a customer buys a Kindle... Continue reading at The Bookseller

[ The Bookseller | 2012-10-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #market share


Google and publishers reach settlement on digitized books case

Publishers can now decide whether Google can digitize out-of-print books still protected by copyright, but does not settle the issue of individual author rights. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-10-06 00:00:00 UTC ]
More news stories like this |


Amazon's Kindle Paperwhite receives rave reviews

Called 'the best e-reader you can buy,' the Paperwhite has debuted to almost universal praise. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-10-04 00:00:00 UTC ]
More news stories like this |


Day sequel is Penguin's top ebook weekly sale

An erotic novel has become Penguin's most successful ever ebook in terms of weekly sales,... Continue reading at The Bookseller

[ The Bookseller | 2012-10-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #weekly sales