I had a feeling this was going to happen. And it wouldn’t surprise me if Macmillan also tosses in the towel. The Agency model of publisher-centric ebook pricing is dying and I just don’t believe anyone can salvage it…or defend it for that matter. eBooks will be priced at levels that sell well and create profit for retail. It will sort itself out. Here‘s the entire article. Let’s see what 2013 brings on this issue.
Penguin Settles with DOJ
Written By: laurie - Dec• 18•12