The link below sums it up, but the supporting links in the article tell the real story. The three links in the best of section are links that I recommend everyone reads. And if you want a better handle on some of the pricing aspects I strongly recommend the Tobias Buckell link.
I think that your thoughts on the pricing issue is a bit too simplistic - it's rather complicated. I don't think that Macmillan is clean on the issue, but I like their thinking on pricing much more that Amazon's.
But my main beef is in the way Amazon handled it - they went public - this affected authors and customers when the negotiations should have been kept behind closed doors. As a customer it makes me feel like Amazon cares much more about retaining power in the industry rather than actually serving their customers. Plus it was the last straw in a series of issues I have with Amazon.
It sounds to me like just a typical business fight. Amazon wants to make money by selling ebooks for cheap, so that it can popularize ebooks, sell its reader hardware, etc. Macmillan wants to profit by keeping ebooks expensive, in a "status quo" type move.
Neither company seems to be doing anything particularly underhanded or slimy, as far as I can tell. If anything, Macmillan seems to be the one in the wrong. Amazon already pays them wholesale prices per-copy, so why shouldn't Amazon be able to set their own prices and lose money if they want?
Neither company seems to be doing anything particularly underhanded or slimy, as far as I can tell. If anything, Macmillan seems to be the one in the wrong. Amazon already pays them wholesale prices per-copy, so why shouldn't Amazon be able to set their own prices and lose money if they want?
I think that your thoughts on the pricing issue is a bit too simplistic - it's rather complicated. I don't think that Macmillan is clean on the issue, but I like their thinking on pricing much more that Amazon's.
But my main beef is in the way Amazon handled it - they went public - this affected authors and customers when the negotiations should have been kept behind closed doors. As a customer it makes me feel like Amazon cares much more about retaining power in the industry rather than actually serving their customers. Plus it was the last straw in a series of issues I have with Amazon.
Need a good book to read? Visit Neth Space - a SFF review and discussion blog.
http://nethspace.blogspot.com/
http://nethspace.blogspot.com/
Amazon Accepts Macmillan’s Demand for Higher E-Book Prices
01/02/2010 04:21:35 PM
- 1257 Views
Amazon lost me as a customer over all this *NM*
01/02/2010 05:52:53 PM
- 353 Views
Why's that?
01/02/2010 06:55:35 PM
- 881 Views
I sum it up here
01/02/2010 08:42:02 PM
- 1141 Views
That's an interesting point. And I have an opposite reaction.
01/02/2010 08:56:16 PM
- 728 Views
I like that they are public - I dislike that they affect the public so directly
01/02/2010 08:59:41 PM
- 890 Views
To each his own. I come away with the opposite reaction and like Amazon even more.
01/02/2010 09:35:10 PM
- 643 Views
I think his complaint is that he feels Amazon is using public opinion to pressure suppliers.
01/02/2010 09:04:16 PM
- 630 Views
It's a good tactic. I would have done the same thing. *NM*
01/02/2010 09:36:31 PM
- 351 Views
Is it though - Amazon's stock is way down today. Seems the tactic failed *NM*
01/02/2010 09:53:06 PM
- 326 Views
Apple stocks have gone down on days after major announcements too.
01/02/2010 10:04:04 PM
- 598 Views
agreed - short term doesn't mean much *NM*
01/02/2010 10:08:01 PM
- 324 Views
Macmillan will lose out when people like myself choose to find the book elsewhere.
01/02/2010 06:46:10 PM
- 618 Views
How easy is it to find books now?
01/02/2010 06:53:43 PM
- 566 Views
Pretty easily, actually.
01/02/2010 07:07:11 PM
- 985 Views
That's excellent.
01/02/2010 08:19:55 PM
- 786 Views
Screens are good.
01/02/2010 08:50:08 PM
- 827 Views
Two words: Leather cover.
01/02/2010 08:54:37 PM
- 661 Views
True, I do remember liking the cover. It's much nicer than what comes with the Sony.
01/02/2010 09:02:56 PM
- 854 Views
Unless you like a lot of old books, or have fairly eclectic tastes, you should be all set.
01/02/2010 07:11:30 PM
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$12.99 to $14.99 for a fiction ebook is ridiculous. *NM*
01/02/2010 07:44:20 PM
- 396 Views
Then again, it's half the price of a print version, for essentially the same product / experience.
01/02/2010 07:50:29 PM
- 601 Views
Not really. I buy new hardcover releases at Borders for around 18 to 20.
02/02/2010 12:34:08 AM
- 763 Views
I don't know about that.
01/02/2010 08:21:05 PM
- 658 Views
People pay that sort of money for DVd and more for Blue Ray
01/02/2010 08:00:47 PM
- 636 Views
Physical copy is rather important in that case, you know... at least to me.
01/02/2010 08:54:05 PM
- 792 Views
Good for MacMillan. I'll cheer on anyone who takes a stab against e-books.
02/02/2010 04:00:05 AM
- 711 Views
Whaaa?
02/02/2010 04:08:50 AM
- 660 Views
Yes, of course.
02/02/2010 04:33:13 AM
- 760 Views
In ten years you'll have an ebook reader.
02/02/2010 05:34:57 AM
- 785 Views
I know. That's the problem. *NM*
02/02/2010 12:56:32 PM
- 331 Views
Oh, hush. Go sit in the corner and listen to your 8-track while the rest of us enjoy The Future. *NM*
02/02/2010 02:37:33 PM
- 303 Views
The lower prices, the increased profit, or the ecological benefit? *NM*
02/02/2010 05:17:13 PM
- 276 Views
The gradual loss of physical books. *NM*
02/02/2010 05:32:39 PM
- 282 Views
Mmm. I detect an illogical argument.
02/02/2010 05:35:14 PM
- 568 Views
It will increase the number of books available
02/02/2010 01:55:05 PM
- 775 Views
One apt analogy is the widespread use of recording tools like Pro Tools.
02/02/2010 08:07:22 PM
- 753 Views
Uh, so what you want to dictate is the medium by which people read? You have no right.
02/02/2010 08:01:09 PM
- 721 Views