12 posts and columns on Macmillan
News Bytereached a settlement with Penguin Group (USA), one of six companies it had accused of conspiring to raise prices of e-books. The agreement, if approved by the court, would leave only two companies — Apple and Macmillan — facing the lawsuit, due to go to trial in June. Settlements were reached earlier with Hachette Book Group, HarperCollins and Simon & Schuster.
Cheers to Macmillan CEO John Sargent, who has taken to writing long open letters to his readers about changes in his company’s e-book pricing model. Alas, the newest installment, on the company’s blog, doesn’t add much more to the discussion.
Here’s another publisher publicly throwing its weight behind Apple–and against Amazon–in the e-book pricing war. Hachette Book Group says it will pursue the “agency model” for pricing e-books: It sets retail prices and the retailer gets a 30 percent cut. In more practical terms, this means Hachette’s titles will be getting more expensive, and the rest of the industry will be following suit.
Amazon caved to Macmillan’s demands on e-book pricing, and now the online retailer is set to give News Corp.’s HarperCollins a new deal too, says Rupert Murdoch. Meanwhile, don’t hold your breath waiting for Conan O’Brien on Fox.