NEWS: “It’s on — US sues Apple, publishers over e-book prices” -paidContentPosted: April 11, 2012
Update: I’m just passing along the news link(s) that are making the rounds on Twitter at the moment about the recent developments with publishing and ebook pricing. All the info is below the break. I’m told there is a class action lawsuit underway as well. I plan to update this page with info as I receive it throughout the day. The info for those interested is below the break.
First time I saw the news was via TP:
It's On! ~ DOJ Files Suit Against Apple Corp., Hachette SA, HarperCollins, Macmillan, Penguin and Simon & Schuster: teddypig.com/2012/04/its-on…—
(@Teddypig) April 11, 2012
It’s on — US sues Apple, publishers over e-book prices (from paidContent)
and the CEO’s are now chiming in, well, one of them anyway, John Sargent with MacMillan
I am Macmillan’s CEO and I made the decision to move Macmillan to the agency model. After days of thought and worry, I made the decision on January 22nd, 2010 a little after 4:00 AM, on an exercise bike in my basement. It remains the loneliest decision I have ever made, and I see no reason to go back on it now.
No, I guess not.
Update 1: another article of interest from Wired discussing the info from the filing itself
Update 2: Another article from Bloomberg News that I think broke the story first
Update 3: Amazon statement: DOJ suit “big win for Kindle owners” via paidContent and B&N has refused to comment (heh) I guess that’s bad news for them. They’ve gained a lot with the agency model so their reluctance to speak out at this time is quite understandable.
Update 4: Here is the The Apple Complaint if you want to read it yourself