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Publishers to pay $69 million over e-book price-fixing allegations

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Three major U.S. e-book publishers have agreed to a deal that will see them pay a significant sum for alleged e-book price-fixing. Connecticut State Attorney General George Jepsen yesterday announced that he, "along with 54 attorneys general in other states, districts, and U.S. territories," have signed a $69 million deal with Hachette Book Group, HarperCollins Publishers, and Simon & Schuster (which is owned by CBS, the same company that publishes CNET) to settle antitrust claims over an alleged conspiracy to artificially inflate e-book prices.

 

Amanda Hocking Signs Four-Book Deal With St. Martin's Press

Amanda Hocking Signs Four-Book Deal With St. Martin's Press

Amanda Hocking, the 26-year-old author who shot to fame by selling more than a million copies of her self-published books, has signed up with a traditional publisher for her next series.St. Martin’s Press, part of Macmillan, will publish Ms. Hocking’s “Watersong” series, four books in the young-adult paranormal genre.A heated auction for the rights to publish her books began early last week, and several major publishers, including Random House, Simon & Schuster and HarperCollins, dropped out as the price climbed into the seven figures.

 

Next threat to Amazon's $9.99 books? Rupert Murdoch

Next threat to Amazon's $9.99 books? Rupert Murdoch

Enjoy $9.99 electronic books while you can -- for they soon may be a thing of the past. 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 disple...

 

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