Book publishers have reached a settlement with the Department of Justice over the e-book price fixing ring of which Apple was allegedly kingpin. That settlement is great news, because it means we’ll be able to buy cheaper e-books really soon. Apple was accused of teaming up with HarperCollins, Simon & Schuster, and Hachette Book Group to bar Amazon from selling e-books at a discount by keeping their prices artificially high. But because of today’s settlement, the shady partnership is over, and Amazon can go back to peddling e-books at $9.99 or lower. Read the full story at Gizmodo.
E-Book Prices Should Start Dropping Soon
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).