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Submission Summary: 0 pending, 1 declined, 1 accepted (2 total, 50.00% accepted)

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Submission + - Murdoch says Amazon e-book prices kill paper books (wired.com)

hrimhari writes: The settlement between Amazon and Macmillian got the attention of a known dinossaur. Consistent to his views, Mr. Murdoch wants to defend his book editors by killing the cheaper solution.

"We don't like the Amazon model of selling everything at $9.99," Murdoch said. "They pay us the wholesale price of $14 or whatever we charge," he said. "But I think it really devalues books, and it hurts all the retailers of the hardcover books."


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