|12-19-2012, 01:49 PM||#16|
Join Date: Oct 2010
Device: PocketBook 903 & 360+
|12-19-2012, 04:51 PM||#18|
Join Date: Sep 2011
Location: South Georgia
Device: Nook Color / Nook HD+
There are cases of vendors suing retailers for selling their products at a lower price than the vendor allows. And the vendors won.
|12-19-2012, 07:19 PM||#19|
Join Date: Mar 2012
the following should explain it all really.
Agency pricing has been declared legal, and it doesn’t go away now. The settling publishers can still sell their ebooks to retailers under agency contracts, where they set a book’s list price and the pay the retailer a commission. The difference now is that retailers can discount the ebooks however they want.
However, there are limited exceptions: The settlement allows HarperCollins, Hachette and Simon & Schuster to negotiate new contracts that include “a commitment from an e-book retailer that a retailer’s aggregate expenditure on discounts and promotions of the Settling Defendant’s ebooks will not exceed the retailer’s aggregate commission under an agency agreement in which the publisher sets the ebook price and the retailer is compensated through a commission.” The settling publishers can also negotiate one-year contracts that “prevent e-book retailers from cumulatively selling that Settling Defendant’s e-books at a loss over the period of the contract.”
this prevent a retailer from taking a loss on an aggregate / overall basis of a publisher catalog. Which mean a retailer can take a loss on a particular book if they want to.
In fact, selling 10% of book titles at loss and selling 90% of book titles at profit is legal as long as the retailer don't make a loss on the overall catalog.
Top 100 Books Ranking (by genre) Rated by Readers
Authors who have sold more than 50,000 self-published ebooks
Last edited by Top100EbooksRank; 12-19-2012 at 07:23 PM.
|12-20-2012, 12:07 AM||#20|
Grand Master of Flowers
Join Date: Oct 2010
Device: Kindle 3 (aka Keyboard), iPhone, iPad 3 (not for reading)
Oceania: We Have Always Required Books From the Eurasian E-Bookstore to Be Sold Through Our In-App Purchasing System - John Gruber
|12-20-2012, 04:07 AM||#21|
Join Date: Jun 2008
Device: Sony PRS505, Nook Color(CM7), iPad3
|12-20-2012, 05:03 AM||#22|
monkey on the fringe
Join Date: May 2010
Device: K4S, Clip Zip, SGP4, iPt4, Nexus7, FireHD8.9
The cure for agency pricing is to not buy their books. Problem solved.
|12-20-2012, 05:57 AM||#23|
Join Date: Dec 2009
Location: Quincy, MA
Device: Sony PRS T1, Samsung GMP 5, Nexus 7 32GB
|12-20-2012, 06:43 AM||#24|
Join Date: Nov 2011
Device: Kindle, Sony
Also, it will be interesting to see how this new version of agency pricing comes to be across the large publishers without collusion. Especially if Amazon or any of the other large players wanted to resist signing these contracts. At the same time we have some well known established authors leaving the big publishers for better deals. It will be interesting to see where things end up.
|12-20-2012, 12:47 PM||#25|
Join Date: Nov 2007
Location: Snowpacolypse 2010
Device: Amazon K4, Fire, Droid 2
I think that the prices are laughable as I see the dead tree versions steeply discounted. IN the US, walk into any Costco and you'll find dead tree books selling for less than the ebooks. I've been very happy over the last few years trying out new authors outside of the price fixing cartel. Sourcebooks has been getting a lot of business from me and I'll remain loyal to Baen as long as the book prices don't go too high.
You make it, we break it.
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