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Penguin settles


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Initial post: Dec 18, 2012 5:11:52 PM PST
Sorry if it's already been posted; I didn't see it in the first few pages here.

"Penguin Group has agreed to join three other publishers in a settlement of a US government lawsuit alleging an e-book price-fixing conspiracy with Apple, officials said Tuesday."

I seem to buy a lot of ebooks from Penguin and their various imprints, so I hope the prices will go down a bit, like those from the previous settling publishers ;)

http://news.google.com/news/story?ncl=http://mediadecoder.blogs.nytimes.com/2012/12/18/awaiting-merger-with-random-house-penguin-settles-ebook-case/&hl=en&geo=us

Posted on Dec 18, 2012 5:34:18 PM PST
thanks ppcsue, I hadn't seen that yet.

Posted on Dec 18, 2012 6:31:14 PM PST
Dog Lover says:
Oh boy!

This (I hope) will release a LOT of books I'd want with (I hope) a more reasonable price-tag (I hope.)

I really really really like Penguin books!

Hopefully yours,

DL

Posted on Dec 18, 2012 6:34:14 PM PST
flipoid says:
I wonder if this will alter their stance on library books.

In reply to an earlier post on Dec 18, 2012 6:36:00 PM PST
Last edited by the author on Dec 19, 2012 6:48:22 AM PST
Dog Lover says:
Can't remember. Does Random House have that position with library books? (too lazy to look that up myself.) The cited article and others I read all say this accommodation is because Random House and Penguin are merging.

DL

In reply to an earlier post on Dec 18, 2012 6:41:27 PM PST
flipoid says:
I don't think so, but I'm not sure. Hm, if Random House and Penguin are merging, that might mean that RH books won't be available through the library.

Posted on Dec 19, 2012 1:59:51 AM PST
Last edited by the author on Dec 19, 2012 2:05:18 AM PST
Penguin has recently been running pilot projects with a few libraries, using new systems that they hope offer more secruity and "friction" than Overdrive. I don't know how it's working out.

2013 should be an interesting year --
It's possible we'll actually get the credits for the ebooks we've bought from the five sued publishers.
At least one publishing merger -- I love the name Random Penguin.
A copyright law that lets authors break contracts after 35 years will go into affect (although individual cases might drag through the courts for years). Prices for backlist titles could drop if an author gets impatient for sales --
http://paidcontent.org/2012/11/27/publishers-brace-for-authors-to-reclaim-book-rights-in-2013/

ETA: In related library/ebook news, Simon & Schuster is taking the bold step of allowing libraries to buy ONE of its titles --
http://goodereader.com/blog/e-book-news/simon-schuster-agrees-to-sell-one-ebook-to-a-library/

Posted on Dec 19, 2012 5:48:07 AM PST
Mary McManus says:
I will believe the Penguin settlement is relevant when some of the many Penguin books I have listed on ereaderiq drop in price. I'm not holding my breath, nor am I expecting to get any newer releases from the digital public library. Penguin hates those who use e-readers even though it earns huge profits from them. In the meantime, I have a ton of other unread books in my Kindle library.
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This discussion

Discussion in:  Kindle forum
Participants:  5
Total posts:  8
Initial post:  Dec 18, 2012
Latest post:  Dec 19, 2012

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