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Amazon Surrenders To Macmillan On eBook Pricing 437

Posted by Soulskill
from the methinks-the-kindle-doth-protest-too-much dept.
CuteSteveJobs writes with a followup to news we discussed on Saturday of a disagreement between Amazon and Macmillan Publishers over ebook pricing: "Amazon has thrown in the towel and announced it will now sell books at Macmillan's increased prices; up to $14.99 from $9.99. Said Amazon in a statement: 'We will have to capitulate and accept Macmillan's terms because Macmillan has a monopoly over their own titles, and we will want to offer them to you even at prices we believe are needlessly high for e-books.' Macmillan has sensed Apple's iBooks opens the way for higher prices. Perhaps the question should be: do we even need publishers like Macmillian? Publishers have long managed to keep their old business model chugging along nicely despite the Internet; Academics are still forced to give up copyright (PDF) of their work in exchange for publication. Textbook publishers have a history of unethical practices like frequent edition changes, unjustifiable price increases and bribing teachers. For that matter, why do the RIAA's members still control the music business? Why do these dinosaur publishing businesses still manage to thrive despite the Internet?"

Comment: HDDVD in laptops? (Score 1) 685

by Poltras (#28421281) Attached to: Blu-ray Adoption Soft, More Still Own HD DVD
My girlfriend has an HP laptop and bought it at around 800$ a year and a half ago. It has an HD-DVD. She never used it (except for reading standard DVD). Does she still count toward this idiot statistic? Likewise, how many have HD-DVD discs around? Just for myself, I have way more blu-ray than all my friends have HD-DVD (even if you remove my PS3 games). Crazy, uh?

Harrisberger's Fourth Law of the Lab: Experience is directly proportional to the amount of equipment ruined.