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

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Spotify CEO Daniel Ek explains the company’s new audiobook subscription plan

Ek blames Apple for holding back his company’s first foray into audiobooks and confirms his company is in talks with Google about in-app purchases. Spotify is doubling down on audiobooks: Paying subscribers of the music service will now have access to up to 15 hours of audiobook listening as... Continue reading at Fast Company

[ Fast Company | 2023-10-03 16:30:00 UTC ]
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Video: 'Elon Musk' biographer explains the book's complicated motivations

Author Walter Isaacson joined the L.A. Times Book Club to discuss the stories and controversy behind his bestselling "Elon Musk" biography. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-10-02 18:53:46 UTC ]
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The best early Amazon October Prime Day Deals for 2023

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[ Engadget | 2023-10-02 17:30:05 UTC ]
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Amazon's Kindle Scribe is back on sale ahead of October Prime Day

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[ Engadget | 2023-10-02 14:01:15 UTC ]
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Amazon's Fire HD 8 tablet drops to $60 in early October Prime Day sale

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[ Engadget | 2023-10-02 07:45:36 UTC ]
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AI Detection Startups Say Amazon Could Flag AI Books. It Doesn't

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[ Wired | 2023-09-28 11:00:00 UTC ]
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Book Business Applauds Government Lawsuit Against Amazon

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[ Publishers Weekly | 2023-09-27 04:00:00 UTC ]
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The Best SFF eBook Deals for September 25, 2023

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[ Book Riot | 2023-09-25 13:38:37 UTC ]
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The best October Amazon Prime Day early access deals for 2023

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[ Engadget | 2023-09-22 16:30:31 UTC ]
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Amazon restricts authors from self-publishing more than three books a day after AI concerns

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[ The Guardian | 2023-09-20 16:22:58 UTC ]
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Amazon hardware event 2023 liveblog: Live updates on new devices and services

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[ Engadget | 2023-09-20 14:00:09 UTC ]
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How to Get Free Ebooks on ‘Stuff Your E-Reader’ Day (2023)

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[ Wired | 2023-09-20 11:00:00 UTC ]
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Amazon's Kindle Scribe is up to 22 percent off for Prime members

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[ Engadget | 2023-09-19 15:15:36 UTC ]
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How to watch and follow Amazon's 2023 Devices event

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[ Engadget | 2023-09-18 15:30:59 UTC ]
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Amazon’s second Prime Day starts October 10th

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[ PC World | 2023-09-18 13:46:37 UTC ]
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The Best SFF eBook Deals for September 18, 2023

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[ Book Riot | 2023-09-18 13:32:29 UTC ]
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Amazon Prime Big Deal Days: Here's what to expect this October Prime Day

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[ Engadget | 2023-09-18 11:58:42 UTC ]
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Self-publishers must declare if content sold on Amazon’s site is AI-generated

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[ The Guardian | 2023-09-11 17:08:53 UTC ]
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[ Advertising Age | 2023-09-07 20:12:10 UTC ]
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[ The Guardian | 2023-09-02 17:00:10 UTC ]
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