Quote:
Originally Posted by desertgrandma
Thanks for that.
However, the press release still says "minority stake".....so they don't really have any say in what or whether to charge, correct?
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You may be correct. Mr Spalding (founder of LT) says that he still has control and largest stake in the company on his blog.
This press release mentions the agreement Cambridge Information Group has with LT. And all this just by having less than 9% stake.
http://newsbreaks.infotoday.com/News...ther-52416.asp
So I figured Abebooks with Amazon would offer services and share revenue with LT eliminating the $10/25 fee. Unless Mr Spalding keeps the fee thinking only serious members would join.