Hachette has signed a new deal with Amazon and other retailers per its settlement with the Justice Department over the issue of ebook price-fixing.
“Per our settlement with the DOJ, we are not preventing discounting of our ebooks by our eBook agents. What you’re seeing on retail sites could be our ebook agents adopting these new terms,” Hachette spokesperson Sophie Cottrell told Digital Book World, adding that the terms of the company’s deals with ebook retailers are confidential.
Hachette joins HarperCollins in complying with the terms of a settlement. Simon & Schuster is the only settling publisher not to have a deal in place at this point. In the case of HarperCollins, ebook prices did not always go down once Amazon and Barnes & Noble gained control to set them. And, sales rank data suggest that price decreases didn’t result in more revenue for the bookseller.
More on the terms of the agreement from Pub Lunch.
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The rest of the day’s top news:
Kindle’s Subscription Service for Kids (DBW)
Amazon has launched Kindle Free Time Unlimited, a new subscription service with ebooks, movies and more for a monthly fee. Competitors should be scared, writes paidContent’s Laura Hazard Owen.
Opportunities and Challenges in Expanding Ebook Publishing Internationally (DBW)
One of the biggest opportunities available for ebook publishers today is the growing international appetite for ebook content — in both English and in local languages. Developments in technology and in business have made it one of the most exciting business opportunities for ebook publishers today. Unfortunately, it’s not that simple.
Kobo to Fully Support EPUB 3 by Q3 2013 (DBW)
Kobo is aiming to have its e-reading software fully support the EPUB 3 ebook programming language by the third-quarter of 2013. Currently, no major ebook retailer’s e-reading software supports all the features of EPUB 3.
Kobo’s Irish Partner (The Bookseller)
Hughes and Hughes, an Ireland-based bookseller chain with five locations around the country, will now sell Kobo devices and ebooks.
Sporadic Kingmaker (AOL)
The Twelve Tribes of Hattie (by Ayana Mathis, from Random House) is Oprah’s latest choice for her Book Club 2.0. It’s been six months since her last choice but at least she has solved the problem of discoverability for first-time novelists – Mathis is one.
Cosmo’s New Ebook Partnership With Harlequin (DBW)
Cosmopolitan magazine joins fellow Hearst brand Esquire in launching an ebook program. Cosmo will partner with Harlequin to launch Red Hot Reads. The partnership will publish two ebooks a month of around 30,000 words each.
Metadata Tips for Publishers (Pub Perspectives)
Thirteen metadata tips for publishers from the people who literally wrote the book on the subject. Tip No. 5: “Take advantage of BISG’s “Core Metadata Elements” to see what others in the industry consider to be essential in communicating information electronically.”
Open Access, All in (DBW)
Amherst College Press wants to be the first university or college press to publish all its books under the open-access model, meaning that once published the work will be freely available to readers.
Ironic Assange? (DBW)
Ironic? You decide: Julian Assange, a man who has spent his life trying to make information more freely accessible, is only selling his new ebook on the publishers’ website (OR Books) and through reKiosk. In fairness, reKiosk is “open,” according to the CEO.
An Argument for Ebook Library Lending (New York Times)
Because if you go to the library and borrow a physical book you might get bed bugs. Shudder.
Image Credit: agreement image via Shutterstock