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Turf said...
ohh. i guess that makes it OK....
what's funny is that music and movies can be price-fixed, there are laws they paid for to protect them from racketeering charges. publishing biz will have to get to work on getting the same exemption.
Guinness makes you drop mud.
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Trevor Barnes said...
Essentially all this is going to do is shift pricing to retailers instead of the publishers themselves. This will eventually mean that Amazon will make $50 billion next year instead of $49 billion, and Apple will get a slap on the wrist.
"Under the wholesale model, Amazon priced e-books at or even below cost in many cases in order to draw in customers who would then purchase other items from its online store. But the practice generated concern among publishers that their works were being devalued, and many were happy to sign on with Apple's agency model in order to create more price stability.
Analysts estimate that a return to the wholesale model could add $1 billion to Amazon's revenues this year given its commanding 65% share of the e-book market and the impact of discounted pricing on sales of other items in its store. "
"Put your mother in a straight-jacket you punk ass white boy." ~ Mike Tyson
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tig ol' bitties said...
eh, fine by me. I don't care who is making the money (apple, amazon, microsoft, china) or who is getting sued if it means that ebook prices are going to come down.
I think the "concern among publishers that their works are being devalued" sounds a lot like the record companies. Find a better business model.
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Thrillho said...
Yeah, but if you sign up to be paid from a movie's profits, you don't expect them to use deceitful accounting to let the books show that there is no profit . Sure there might be poor value for consumers in terms of profit margins, but is nothing like actually being ripped off, or "screwed" if you will.
Guinness makes you drop mud.
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Heat Miser said...
A gaping axe wound vs. a thousand little cuts. You're still dead. And that's precisely how big corporations like to do it.
"Millions of people won't mind if we screw them once a month with just the tip. We'll laugh all the way to the bank & I'll get a multi-million dollar bonus. And if we break a law or two along the way, so what. We've got an army of lawyers."
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Trevor Barnes said...
Essentially all this is going to do is shift pricing to retailers instead of the publishers themselves. This will eventually mean that Amazon will make $50 billion next year instead of $49 billion, and Apple will get a slap on the wrist.
"Under the wholesale model, Amazon priced e-books at or even below cost in many cases in order to draw in customers who would then purchase other items from its online store. But the practice generated concern among publishers that their works were being devalued, and many were happy to sign on with Apple's agency model in order to create more price stability.
Analysts estimate that a return to the wholesale model could add $1 billion to Amazon's revenues this year given its commanding 65% share of the e-book market and the impact of discounted pricing on sales of other items in its store. "
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