Kindle book credit

Dragoro · 10-13-2012, 11:55 AM

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

==================================

sparklemotion · 10-13-2012, 12:00 PM

I just received it too!

SamuraiXSendai · 10-13-2012, 12:08 PM

Apple should pay any interest.

QofResh · 10-13-2012, 01:29 PM

I also received that email. How is this going to effect book prices going forward though?

Dragoro · 10-13-2012, 01:32 PM

It will lower them hopefully. The publishers were forcing amazon to charge more for the books than amazon normally would have.

nynaevelan · 10-13-2012, 02:13 PM

Quote:

Originally Posted by Dragoro

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.

Blossom · 10-13-2012, 05:03 PM

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?

QofResh · 10-13-2012, 05:21 PM

Quote:

Originally Posted by Blossom

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!

Blossom · 10-13-2012, 05:25 PM

Quote:

Originally Posted by QofResh

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.

markbot · 10-14-2012, 08:41 AM

Quote:

Originally Posted by SamuraiXSendai

Apple should pay any interest.

interest rates have been historically low.

ProfCrash · 10-14-2012, 10:17 AM

My Mom is on my account and buys a decent number of books. I would be surprised if I get more than $5.

BenG · 10-15-2012, 10:49 AM

I got a similar email from Apple though I haven't really bought anything from them. Just a couple of freebies.

10-13-2012, 11:55 AM	#1
Dragoro Lovecraft Fan Posts: 414 Karma: 539914 Join Date: Feb 2009 Location: Michigan Device: Kindle Paperwhite 2, Kindle Touch	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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10-13-2012, 12:00 PM	#2
sparklemotion dangerous when cornered Posts: 1,855 Karma: 22891237 Join Date: Dec 2011 Location: USA Device: Kobo H2O, Kindle Paperwhite	I just received it too!

10-13-2012, 12:08 PM	#3
SamuraiXSendai Addict Posts: 229 Karma: 1234 Join Date: Feb 2010 Location: Earth Device: Kindle 1. Kindle 2. IPAD. KDXG. Kindle 3.Fire	Apple should pay any interest.

10-13-2012, 01:29 PM	#4
QofResh Enthusiast Posts: 30 Karma: 500690 Join Date: Oct 2012 Location: North Carolina Device: Kindle Paperwhite, Touch; Android Tablet (Asus TF300); PC App	I also received that email. How is this going to effect book prices going forward though?

10-13-2012, 01:32 PM	#5
Dragoro Lovecraft Fan Posts: 414 Karma: 539914 Join Date: Feb 2009 Location: Michigan Device: Kindle Paperwhite 2, Kindle Touch	It will lower them hopefully. The publishers were forcing amazon to charge more for the books than amazon normally would have.

10-13-2012, 05:03 PM	#7
Blossom Treasure Seeker Posts: 18,708 Karma: 26026435 Join Date: Mar 2010 Device: Kobo HD Glo, Kindles, Kindle Fires, Andriod Devices	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?

10-14-2012, 10:17 AM	#11
ProfCrash Tea Enthusiast Posts: 8,554 Karma: 75384937 Join Date: Jul 2010 Location: Somewhere in the USA Device: Kindle1, Kindle DX Graphite, K3 3G, IPad 3, PW2	My Mom is on my account and buys a decent number of books. I would be surprised if I get more than $5.

10-15-2012, 10:49 AM	#12
BenG Home Guard Posts: 4,730 Karma: 86721650 Join Date: Jun 2007 Location: Alpha Ralpha Boulevard Device: Kindle Oasis 3G, iPhone 6	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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