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Old 10-13-2012, 12:55 PM   #1
Dragoro
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Kindle book credit

Just got this email from Amazon:


Dear Kindle Customer,

We have good news. You are entitled to a credit for some of your past e-book purchases as a result of legal settlements between several major e-book publishers and the Attorneys General of most U.S. states and territories, including yours. You do not need to do anything to receive this credit. We will contact you when the credit is applied to your Amazon.com account if the Court approves the settlements in February 2013.

Hachette, Harper Collins, and Simon & Schuster have settled an antitrust lawsuit about e-book prices. Under the proposed settlements, the publishers will provide funds for a credit that will be applied directly to your Amazon.com account. If the Court approves the settlements, the account credit will appear automatically and can be used to purchase Kindle books or print books. While we will not know the amount of your credit until the Court approves the settlements, the Attorneys General estimate that it will range from $0.30 to $1.32 for every eligible Kindle book that you purchased between April 2010 and May 2012. Alternatively, you may request a check in the amount of your credit by following the instructions included in the formal notice of the settlements, set forth below. You can learn more about the settlements here:
www.amazon.com/help/agencyebooksettlements

In addition to the account credit, the settlements impose limitations on the publishers’ ability to set e-book prices. We think these settlements are a big win for customers and look forward to lowering prices on more Kindle books in the future.

Thank you for being a Kindle customer.

The Amazon Kindle Team

==================================
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Old 10-13-2012, 01:00 PM   #2
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I just received it too!
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Old 10-13-2012, 01:08 PM   #3
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Apple should pay any interest.
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Old 10-13-2012, 02:29 PM   #4
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I also received that email. How is this going to effect book prices going forward though?
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Old 10-13-2012, 02:32 PM   #5
Dragoro
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It will lower them hopefully. The publishers were forcing amazon to charge more for the books than amazon normally would have.
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Old 10-13-2012, 03:13 PM   #6
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Originally Posted by Dragoro View Post
It will lower them hopefully. The publishers were forcing amazon to charge more for the books than amazon normally would have.
I hope so, and I too received the email.
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Old 10-13-2012, 06:03 PM   #7
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Mine went into my Junk box. This is the first time an Amazon email has done this. It will be nice to get some back. I have 50 books from those publishers alone from Amazon. I wonder how BOB or Kobo will handle this?
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Old 10-13-2012, 06:21 PM   #8
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Originally Posted by Blossom View Post
Mine went into my Junk box. This is the first time an Amazon email has done this. It will be nice to get some back. I have 50 books from those publishers alone from Amazon. I wonder how BOB or Kobo will handle this?
You must have quite a library of e-books. I couldn't even venture a guess about how many books I have which are affected by this ruling. I just hope that I get enough back to buy a couple of books!
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Old 10-13-2012, 06:25 PM   #9
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You must have quite a library of e-books. I couldn't even venture a guess about how many books I have which are affected by this ruling. I just hope that I get enough back to buy a couple of books!
I have since 2010 purchased 2000+ books. Not counting the freebies now. Not alot of Agency books maybe 100 or so from different stores.
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Old 10-14-2012, 09:41 AM   #10
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Apple should pay any interest.
interest rates have been historically low.
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Old 10-14-2012, 11:17 AM   #11
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My Mom is on my account and buys a decent number of books. I would be surprised if I get more than $5.
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Old 10-15-2012, 11:49 AM   #12
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I got a similar email from Apple though I haven't really bought anything from them. Just a couple of freebies.
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