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Wednesday, 3 February 2010 - Next threat to Amazon's $9.99 books? Rupert Murdoch |
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    Read more with google mobile : Next threat to Amazon's $9.99 books? Rupert Murdoch |

    Edition: U.S. Article Comments (4) Save Email Print Reprints Most Popular Most Shared Truckloads of snow dumped on melting Vancouver mountain 02 Feb 2010 Sandra Bullock poised for first Oscar 02 Feb 2010 China's new foreign policy takes shape -- in Moldova 02 Feb 2010 U.S. researchers find new clue to infant deaths 02 Feb 2010 News Corp profit up on ad recovery, Avatar 02 Feb 2010 Truckloads of snow dumped on melting Vancouver mountain 02 Feb 2010 U.S. researchers find new clue to infant deaths 02 Feb 2010 China's new foreign policy takes shape -- in Moldova 02 Feb 2010 Doctor casts new light on cat that can predict death 02 Feb 2010 Bestiality ban to cut video source 02 Feb 2010 Next threat to Amazon's $9.99 books? Rupert Murdoch Paul Thomasch NEW YORK Tue Feb 2, 2010 7:18pm EST Related News News Corp profit up on ad recovery, Avatar Tue, Feb 2 2010 Apple vs Amazon - which is the better bet? Tue, Feb 2 2010 Amazon loss on e-book pricing could fuel trend Mon, Feb 1 2010 RPT-UPDATE 1-Amazon gives in to Macmillan on e-book pricing Sun, Jan 31 2010 Amazon blows by estimates, sees strong first quarter Fri, Jan 29 2010 NEW YORK (Reuters) - Enjoy $9.99 electronic books while you can -- for they soon may be a thing of the past. Technology  |  Media News Corp Chief Rupert Murdoch, who oversees a media empire than includes HarperCollins books, home to authors like Michael Crichton and Janet Evanovich, made clear on Tuesday his displeasure with the low price Amazon.com Inc has set for electronic books. In order to raise prices, Murdoch wants to renegotiate the current deal with Amazon, and said the world's largest retailer appears "ready to sit down with us again" to talk about new terms. "We don't like the Amazon model of selling everything at $9.99," Murdoch said when asked about electronic books during a conference call with analysts on Tuesday. "They pay us the wholesale price of $14 or whatever we charge," he said. "But I think it really devalues books and it hurts all the retailers of the hard cover books." Amazon did not immediately respond to request for comment. If Murdoch's HarperCollins manages to work out a new deal, it would deal a major, and perhaps final, blow to Amazon's current pricing. Just days ago, the world's largest online retailer bowed to pressure from another major publisher, Macmillan, which insisted on charging $12.99 to $14.99 for its books. Book pricing has been key to pushing growth of Kindle e-reader since its launch in 2007, since cheap e-books help consumers justify the cost of purchasing the device. It has also put Amazon at odds with publishers, however, who say that the low prices will cannibalize sales of higher-priced hardback copies. Fresh competition from Apple Inc -- which is rolling out the iPad -- has only cast more attention on pricing. Publishers are more anxious than ever to protect their profit margins, and now have some leverage in negotiating against Amazon. Murdoch, while keeping mum on the exact deal with Apple, suggested the terms of are more favorable to HarperCollins than Amazon's. "Apple, in its agreement with us, which is not been disclosed in detail, does allow for a variety of slightly higher prices," he said. (Reporting by Paul Thomasch, editing by Leslie Gevirtz) Technology Media Comments See All Comments (4)  |  Post Comment Feb 03, 2010 I have been a big customer of the internet for many years. Mostly for convenience. But there is no such thing as a free lunch. At some point producers and gatherers of information need to be compensated for their service. Just as am sure, especially in this economy, sales taxes will have to paid for retail purchases. The last several years of free info and taxless purchases have introduced people to the concept. Regarding who sets the prices, the customer will eventually determine a value. ALEZAK Report As Abusive     Feb 03, 2010 Robert Murdoch is just as pathetic as the music recording industry. For far too long these businesses have been parasites on art and knowledge. They charge outrageous prices for their products while claiming that the system of copyright and distribution was “essential” to promoting artist creativity. They have the audacity to charge $40 for a music CD that costs less than a dollar to make, including the artist’s meager royalty. Now Amazaon is charging $9.99 for an electronic book, essentially a PDF file containing text. The cost of producing a text file (ie writing, literature) is dirt cheap compared to the astronomical prices being charged. Rupert Murdoch would be a nobody without the artists to sponge off. Even at $9,99 for each “electronic book” most of this money goes anywhere but to the authors. Anthonykovic Report As Abusive     Feb 03, 2010 Murdoch is fornicating dinosaur. Sleepless Report As Abusive     Feb 03, 2010 http://www.200linx.com/ The First Ultimate Homepage for Apple’s iPad! Apple’s new Multi-Touch device is designed to make navigating the web easier and intuitive, one page at a time. 200Linx was designed to be the ultimate, most convenient homepage for the iPad and other tablet PC. 200Linx is the homepage that brings you everything that’s good on the Internet in one click, on one place. They searched thousands of websites and surveyed hundreds of internet users to make the iPad user’s life easier. They had one single question in mind: what are the most useful websites for most people? Or in other words: where do people spend their time online? They gathered the findings in a single place, under one page, totally free: 200Linx.com. Each page has 25 categories of websites: News, Sport, Weather, Health, E-mail services etc. Each category consists of the 8 most useful websites. Total: 200 great links. As simple as that. The best way to use 200Linx is to set it as your iPad’s Safari’s homepage, to add 200Linx to your Top Sites or to Bookmark it. This way, whenever you start your Safari web browser you’ll see 200Linx logos and will be able to find your favorite website immediately and navigate easily to them. The logos are large, neat and readable. 200Linx is also a great way to discover new useful websites. All you need to do is press a logo – and you’re there. 200Linx looks great on the iPad in portrait and landscape positions and was fitted perfectly to both positions. It is offered now in 7 local versions: U.S, U.K, Canada, Spain, France, Mexico and Germany. More local versions to come soon. iPad is the best way to experience the web. 200Linx is the best way to experience iPad. guypoz1 Report As Abusive       See All Comments (4)     Add a Comment More from Reuters Volcker urges curbs on big banks' risky trades WASHINGTON (Reuters) - White House economic adviser Paul Volcker on Tuesday told Congress to curb risky investing by big banks, warning his soul would haunt lawmakers when the next banking crisis hits if they did not heed him now. China warns against Obama-Dalai Lama meeting Nikkei claws higher | Video Toyota U.S. sales reel from crisis More U.S. consumers pay credit card before mortgage: study Illinois sets race for Obama's old Senate seat » More Top News Why is China investing here? In Maldova, villagers still get water from wells and horse-drawn carts line the streets. But China sees something it likes.  Full Article  Riding China's African express Foreign banks hear the call of China China is tougher than before China Analysis: Mary Schapiro's big test The Washington veteran has brought the battered SEC back from the brink. Now the hard work begins.  Full Article  Questions loom over U.S. exchanges Ex-fund manager Slaine pleads guilty REGULATION © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts.com Buyouts Europe: Buyouts Conferences: Venture Capital Journal EVCJ International Financing Review International Securitisation Report Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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