Penguin settles with DoJ

BeccaPrice · 12-18-2012, 07:25 PM

http://livewire.talkingpointsmemo.co...ll-suing-apple

"As part of the settlement, Penguin agrees to "terminate" its relationship with Apple and other e-books publishers and is blocked for the next two years from launching any new partnerships. Even if the major publishing company does decide to launch new agreements when it's cleared to do so, it has to "provide advance notification" to the DOJ. "

More detailed news is sure to come.

jgaiser · 12-18-2012, 07:35 PM

[Nelson Muntz]
Ha-Ha
[/Nelson Muntz]

Sorry... Couldn't help myself...

Synamon · 12-18-2012, 07:55 PM

I've been expecting this ever since the announcement of the Random Penguin merger.

K. Molen · 12-18-2012, 08:00 PM

So, only Apple and Macmillan left then. I wonder if Penguin settling is making either of them rethink their decision to go to trial.

If not, things'll be interesting come June.

kennyc · 12-18-2012, 08:02 PM

Excellent. The more of this the better. Damn corporations!

fjtorres · 12-18-2012, 08:14 PM

Who flips first? MacMillan or Apple?
Going to get lonely for the last one standing on the docket.

kennyc · 12-18-2012, 08:17 PM

Apple started it, they should have to end it.

jgaiser · 12-18-2012, 08:19 PM

My guess is MacMillan will fold first. Neither one want to go to trial, but MacMillan has more to lose.

Synamon · 12-18-2012, 08:20 PM

I expect MacMillan will settle before the June court date, since their existing pricing scheme only hurts them. Even Random House will eventually be subject to the DOJ conditions due to its merger with Penguin. Apple has tons of cash to throw at lawyers, they might go the distance.

tomsem · 12-18-2012, 08:34 PM

What does Apple stand to gain, at this point, even if they were to win the suit (many months hence)? Facts on the ground have changed quite a bit. They have already had to adapt to non-agency pricing of ebooks, and will have to continue with that for the next couple of years at least. They are not going to get their nice, tidy one-size-fits-all (apps, music, video ebooks etc) business model back. They tried, and they have manifestly failed.

AnemicOak · 12-18-2012, 08:38 PM

I think the remaining two will settle before June. I wouldn't be surprised if they're already in the process of negotiating something and it just hasn't been announced yet because stuff like money hasn't been agreed upon yet.

Top100EbooksRank · 12-19-2012, 05:00 AM

Quote:

Originally Posted by tomsem

What does Apple stand to gain, at this point, even if they were to win the suit (many months hence)? Facts on the ground have changed quite a bit. They have already had to adapt to non-agency pricing of ebooks, and will have to continue with that for the next couple of years at least. They are not going to get their nice, tidy one-size-fits-all (apps, music, video ebooks etc) business model back. They tried, and they have manifestly failed.

music on Itunes is done wholesale not agency
same with movies.

If it was agency, other online retailers can't discount MP3 or Movie rental but AMazon and GooglePlay discount these all the time.

Only Apps and Ebooks are agency

sabredog · 12-19-2012, 05:23 AM

This certainly indicates that DoJ have pretty compelling evidence against these companies, particularly Apple.

murraypaul · 12-19-2012, 08:21 AM

Quote:

Originally Posted by Top100EbooksRank

music on Itunes is done wholesale not agency same with movies.

If it was agency, other online retailers can't discount MP3 or Movie rental but AMazon and GooglePlay discount these all the time.

You are confusing "a"gency with "A"gency.
Apple's music and video are on an agency basis, because they simply act as a storefront for the content owners, and take their fixed cut. Apple do not set the prices for content, they have a set list of allowable prices, and the content owners pick which ones to apply to each item.
They are not on an "A"gency basis, because their is no most-favoured-nation clause, nothing preventing the content owners selling music and video to other retailers on different terms.

replica145 · 12-19-2012, 08:50 AM

Quote:

Originally Posted by jgaiser

[Nelson Muntz]
Ha-Ha
[/Nelson Muntz]

Sorry... Couldn't help myself...

*slow clap*

12-18-2012, 07:25 PM	#1
BeccaPrice Wizard Posts: 2,146 Karma: 11174187 Join Date: Jan 2011 Device: Sony 350, K3-3G, K4SO, KPW	Penguin settles with DoJ http://livewire.talkingpointsmemo.co...ll-suing-apple "As part of the settlement, Penguin agrees to "terminate" its relationship with Apple and other e-books publishers and is blocked for the next two years from launching any new partnerships. Even if the major publishing company does decide to launch new agreements when it's cleared to do so, it has to "provide advance notification" to the DOJ. " More detailed news is sure to come.

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12-18-2012, 07:35 PM	#2
jgaiser Omnivorous Posts: 3,283 Karma: 27978909 Join Date: Feb 2008 Location: Rural NW Oregon Device: Kindle Voyage, Kindle Fire HD, Kindle 3, KPW1	[Nelson Muntz] Ha-Ha [/Nelson Muntz] Sorry... Couldn't help myself...

12-18-2012, 07:55 PM	#3
Synamon Lunatic Posts: 1,691 Karma: 4386372 Join Date: Dec 2011 Location: Land of the Loonie Device: Kindle Paperwhite and Keyboard, Kobo Aura, iPad mini, iPod Touch	I've been expecting this ever since the announcement of the Random Penguin merger.

12-18-2012, 08:00 PM	#4
K. Molen Addict Posts: 284 Karma: 4478866 Join Date: Jul 2011 Location: Toronto, ON Device: Kindle 3, iPad 3, Nexus 10, Nexus 5	So, only Apple and Macmillan left then. I wonder if Penguin settling is making either of them rethink their decision to go to trial. If not, things'll be interesting come June.

12-18-2012, 08:02 PM	#5
kennyc The Dank Side of the Moon Posts: 35,891 Karma: 119230421 Join Date: Sep 2009 Location: Denver, CO Device: Kindle2; Kindle Fire	Excellent. The more of this the better. Damn corporations!

12-18-2012, 08:14 PM	#6
fjtorres Grand Sorcerer Posts: 11,732 Karma: 128354696 Join Date: May 2009 Location: 26 kly from Sgr A* Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000	Who flips first? MacMillan or Apple? Going to get lonely for the last one standing on the docket.

12-18-2012, 08:17 PM	#7
kennyc The Dank Side of the Moon Posts: 35,891 Karma: 119230421 Join Date: Sep 2009 Location: Denver, CO Device: Kindle2; Kindle Fire	Apple started it, they should have to end it.

12-18-2012, 08:19 PM	#8
jgaiser Omnivorous Posts: 3,283 Karma: 27978909 Join Date: Feb 2008 Location: Rural NW Oregon Device: Kindle Voyage, Kindle Fire HD, Kindle 3, KPW1	My guess is MacMillan will fold first. Neither one want to go to trial, but MacMillan has more to lose.

12-18-2012, 08:20 PM	#9
Synamon Lunatic Posts: 1,691 Karma: 4386372 Join Date: Dec 2011 Location: Land of the Loonie Device: Kindle Paperwhite and Keyboard, Kobo Aura, iPad mini, iPod Touch	I expect MacMillan will settle before the June court date, since their existing pricing scheme only hurts them. Even Random House will eventually be subject to the DOJ conditions due to its merger with Penguin. Apple has tons of cash to throw at lawyers, they might go the distance.

12-18-2012, 08:34 PM	#10
tomsem Grand Sorcerer Posts: 6,905 Karma: 27013865 Join Date: Apr 2009 Location: USA Device: iPhone 15PM, Kindle Scribe, iPad mini 6, PocketBook InkPad Color 3	What does Apple stand to gain, at this point, even if they were to win the suit (many months hence)? Facts on the ground have changed quite a bit. They have already had to adapt to non-agency pricing of ebooks, and will have to continue with that for the next couple of years at least. They are not going to get their nice, tidy one-size-fits-all (apps, music, video ebooks etc) business model back. They tried, and they have manifestly failed.

12-18-2012, 08:38 PM	#11
AnemicOak Bookaholic Posts: 14,391 Karma: 54969924 Join Date: Oct 2007 Location: Minnesota Device: iPad Mini 4, AuraHD, iPhone XR +	I think the remaining two will settle before June. I wouldn't be surprised if they're already in the process of negotiating something and it just hasn't been announced yet because stuff like money hasn't been agreed upon yet.

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12-19-2012, 05:23 AM	#13
sabredog Geographically Restricted Posts: 2,629 Karma: 14933353 Join Date: Dec 2008 Location: Perth, Australia Device: Sony PRS-T3, Kindle Voyage, iPad Air2, Nexus7v2	This certainly indicates that DoJ have pretty compelling evidence against these companies, particularly Apple.