As many expected, the US Department of Justice filed suit against Apple, Macmillan, Penguin, HarperCollins, Simon & Schuster & Hachette. The latter three have decided to settle the case but not admit collusion. Apple, Macmillan and Penguin have said they did nothing wrong and will fight it.<\/p>\n
I applaud Macmillan and Penguin for fighting for what they believe.<\/p>\n
The stakes are high. The direction of the publishing industry is changing again. It moves a lot these days.<\/p>\n
Whether guilty or not, defending a lawsuit is expensive and time-consuming. It is too and that it has become this. But for Harper, S&S and Hachette, the cost of fighting outweighed the cost of settling. So they took the least-expenisve way out.<\/p>\n
Macmillan will fight the battle.<\/p>\n
They were the leaders on battling Amazon on agency. So much, Amazon yanked their BUY buttons during the feud.<\/p>\n
They are the leaders again.<\/p>\n
Of the Big 6, Macmillan is by far the smallest in billing. But it leading, they are number one.<\/p>\n
What happens to all the non-corporate publishers and their deals?<\/p>\n","protected":false},"excerpt":{"rendered":"