Scribd and Oyster's all-you-can-read e-book subscription services add 'Big 5' publisher's backlist titles.
That's the claim in a new report, which says News Corp. would like to have more leverage in negotiations with booksellers.
Simon & Schuster is the third of the five publishers accused of illegally fixing e-book prices with Apple's help to settle an antitrust suit brought by 29 states.
This story incorrectly reported that Simon and Schuster was the first to settle with the group of state's attorney generals. Hatchette and Harper Collins settled previously.
commentary Consumers are the winners when a court rejects the argument that price fixing is OK because Amazon is discounting everyone out of business. Fear is not an excuse to price-fix.
With some publishers settling their antitrust lawsuit with the government, prices for e-books are expected to come down. But how much of a change will we really see?
Self-publishing is becoming a popular option for authors to distribute their work. Simon & Schuster has just announced a new service called Archway to tap into the market.
E-book publishers Hachette, HarperCollins, and Simon & Schuster have settled allegations of e-book price fixing. Three other companies, including Apple, will square off against the Justice Department in court.
The new publication date for the much anticipated book from Simon & Schuster has also been set: November 21. That means the iPhone 5 will launch before the book.
At a press conference in Washington, D.C., Attorney General Eric Holder and Assistant Attorney General for the Antitrust Division Sharis Pozen announce the government's lawsuit against Apple and publishers for allegedly conspiring to increase prices that consumers pay for e-books. Note: Simon & Schuster and CNET are both owned by CBS.