Well this will stir up more tensions between leery publishers, shrewd tech firms and the increasingly enthusiastic e-reading-culture-at-large… BBC reports: Apple conspired with publishers to fix the price of electronic books, a US judge has ruled.
The U.S. Department of Justice found Apple guilty of organizing a conspiracy – “”The plaintiffs have shown that the publisher defendants conspired with each other to eliminate retail price competition in order to raise e-book prices, and that Apple played a central role in facilitating and executing that conspiracy.”” Read-on
The Los Angeles Times reported that this anti-trust case (one of the biggest the Justice Dept’s ever taken-on) could “…set a dangerous precedent for tech firms trying to strike content deals…” (Read-on)
This all stemmed from Apple’s introduction of the iBookstore -in 2010- (an e-reading app for iPods and iPhones) -The Wall Street Journal reported this afternoon: Apple’s quarterly revenue from its iTunes store has more than doubled since the introduction of e-books in April 2010.
…Wrapping up the day’s news on Apple – MacWorld reports: Analysis: Antitrust ruling could temper Apple’s revolutionary zeal
In further discouraging news bits:
Barnes & Noble’s CEO recently stepped down. The Bookseller reports: Last month, Barnes & Noble revealed sales in its digital business had sunk by 34% in the fourth quarter to 27th April 2013, compared with the fourth quarter a year ago.
THEN AGAIN – In much more encouraging and exciting news…
Stay tuned for more info regarding this event: