Posts tagged Jeff Bezos
The Wall Street Journal (a division of Rupert Murdoch’s News Corporation) has reported that another of News Corp’s properties, the publishing house HarperCollins, has been informed of an impending US Justice Department lawsuit alleging antitrust violations regarding e-book pricing. Other parties involved in this include Apple, Penguin Group, Simon & Schuster, Hachette Book Group, and MacMillan. Settlement talks have apparently been underway for some time.
If you’re a Kindle owner, you probably remember a little flap between Macmillan and Amazon when Macmillan refused to comply with Amazon’s $9.99 Kindle book pricing structure. Amazon briefly pulled their offerings until Amazon capitulated [now, we may know why]. Prices rose 50%+ and people like me stopped buying Macmillan e-books with witless abandon : ) [It’s a PRINCIPLE thing].
The WSJ piece is an interesting illustration of the corporate sensibility of Apple’s Steve Jobs vs. Amazon’s consumer-centric model.
Here’s a quick quote from the Wall Street Journal’s reporting; you can read the full article at your convenience:
“We told the publishers, ‘We’ll go to the agency model, where you set the price, and we get our 30%, and yes, the customer pays a little more, but that’s what you want anyway,’” Mr. Jobs was quoted as saying by his biographer, Walter Isaacson.
The publishers were then able to impose the same model across the industry, Mr. Jobs told Mr. Isaacson. “They went to Amazon and said, ‘You’re going to sign an agency contract or we’re not going to give you the books,’ ” Mr. Jobs said.
Update 3/9/12: Here’s an interesting take on the same topic, from Bloomberg Business.
Announced a few minutes ago by Jeff Bezos during a press conference in New York:
Amazon’s releasing the latest Kindle with e-ink and 3G: The Kindle Touch (available November 21, but can be pre-ordered NOW).
E-ink fans will be thrilled; for avid readers, nothing compares to its combination of clarity and ease of reading. Click above to learn more about the Touch from Amazon itself.
Amazon CEO Jeff Bezos has confirmed that Amazon will indeed be selling an Amazon-branded 7″ cloud-based tablet PC this Fall (November). Read more here!
Even MORE news on this: Reportedly, this will be a KINDLE device. Here’s a firsthand report from someone at TechCrunch who’s actually testdriven a prototype.
9/6/11 Update: More details emerge from Business Insider. Peek here.
9/6/11 9:15 PM Update: EVEN MORE DETAILS emerge about this exciting new tablet. Possibly 7″ AND 10″ model Kindles soon to come. Check out Tom’s Guide Gadgets post for the lowdown.
9/12/11 10 AM Update: Further speculation from PC Magazine.
9/26/11 LAST UPDATE: TechCrunch is reporting that this new color Kindle will be called the Kindle Fire and that e-ink Kindles will continue to be sold and supported (yea)! Click here to find out more before Amazon’s official Press Conference on 9/28.
Words of Wisdom!
“Stress primarily comes from not taking action over something that you can have some control over. So, if I find that some particular thing is causing me to have stress, that’s a warning flag for me. What it means is there’s something that I haven’t completely identified perhaps in my conscious mind that is bothering me, and I haven’t yet taken any action on it.
I find as soon as I identify it, and make the first phone call, or send off the first e-mail message, or whatever it is that we’re going to do to start to address that situation — even if it’s not solved — the mere fact that we’re addressing it dramatically reduces any stress that might come from it. So, stress comes from ignoring things that you shouldn’t be ignoring, I think, in large part.”
—Jeff Bezos, Amazon.com Founder
Read the full interview here