Penguin has vowed to change its pricing strategy for digital books, including terminating an e-book pricing pact with Apple, to resolve an antitrust probe by the European Union.
As part of the deal, Penguin has agreed to terminate existing agency agreements -- those pacts that allow a publisher, not a retailer, to set prices -- and will refrain from adopting "most favored nation" pricing clauses for five years. Those had prevented retailers such as Amazon from undercutting Apple's e-book prices.
If Penguin does enter into new agency agreements, retailers would be free to set the retail price … Read more
Every parent knows (or should know) the importance of reading to their kids. And when it comes to stories adults and toddlers alike can enjoy, it's hard to beat Dr. Seuss.
Of course, browse the aisles (real or virtual) of any bookstore and you'll see that your average Dr. Seuss hardcover can run $10-15. Ouch!
That's why I continue to be a big fan of Oceanhouse Media's Dr. Seuss e-book apps, which not only provide the complete Seuss experience (and then some), but also save you considerable coin.… Read more
Apple CEO Tim Cook will testify as part of the U.S. Department of Justice's antitrust case against Apple, a judge ruled today.
Cook, who became Apple's CEO in August 2011, will be required to engage in four hours of testimony per a ruling by U.S. District Judge Denise Cote in Manhattan today, Reuters reports.
Apple had attempted to prevent Cook's involvement, arguing that the Justice Department already had access to nearly a dozen of its executives as part of the case.
In April 2012, the Justice Department sued Apple, along with five of the six … Read more
Apple CEO Tim Cook may testify in the U.S. Department of Justice's antitrust case against the company over e-book prices, Bloomberg reported today.
In the lawsuit, filed in April, federal prosecutors accused Apple and five book publishers of working together to artificially hike e-book prices.
In a letter earlier this week, the Justice Department asked U.S. District Judge Denise Cote to help settle a "discovery dispute" over Cook's deposition, or testimony taken outside of court, according to Bloomberg. Cote scheduled a March 13 conference call in response.
Apple remains the sole defendant in the … Read more
Amazon has a problem with pornography.
The company created technology to filter smut from its library of video and print offerings and it also pays humans to do the same thing. In spite of that, Kindle users can still download e-books with the same sort of raunchy images and titles normally seen in nudie mags sold at liquor store newsstands.
That's because these salacious e-books are self-published, spawned from sources with names like Camera Erotica Publications and ErotiPics. Some of the milder titles include "The Dirty Blonde 2," which comes with a self-prescribed adults-only warning, a weak … Read more
Read any good books lately? I know, e-book prices can make it tough to indulge your love of the printed word. That's why I'm jazzed to see that the folks at StoryBundle have cobbled together another great batch of books for whatever price you want to pay.
It's true! The Indie Fantasy Bundle includes six full-length novels (actually, eight, as two of the selections include the first two books in their respective series), and you get to decide how much you want to pay.
As you might suspect from the "indie" designation, these aren't … Read more
Apple may be working on some new search and highlight features for reading e-books on iPads, Patently Apple reported today.
The company filed a patent application for "creating and viewing digital note cards," according to the application published today (PDF below). The patent outlines technology for a new floating toolbar that allows users to do quick searches of text and enable highlighting and note-taking.
Users would be able to highlight text with various colors or by applying different fonts -- like strike-through font -- and add notes. In addition to text, these notes could include other media such … Read more
The Nook business ain't what it used to be.
Barnes & Noble announced yesterday that it expects a higher loss from its Nook business for fiscal 2013, which ends in April. The company didn't reveal specific numbers, but its EBITDA (earnings before interest, taxes, depreciation, and amortization) showed a loss of $262 million for fiscal 2012.
B&N expects overall annual sales from the entire Nook Media business to be less than $3 billion. The Nook business itself includes the tablet, an e-book reader, accessories, and digital content such as books and movies. The Nook Media business … Read more
I've been an Amazon Prime customer for nearly a year now, meaning it's time for me to decide whether to continue subscribing to the program.
In case you're unfamiliar with it, Prime works like this: For $79 annually, you get unlimited movie and TV streaming, one free borrowed e-book per month, and automatic two-day shipping on nearly everything you buy (with no minimum dollar amount).
Awesome deal, right? Maybe, and maybe not.
Let's start with the streaming. Amazon has vastly expanded its movie- and TV-show libraries over the past year, to the point where I'd … Read more