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Updates On Penguin’s Negotiations and Amazon China

December 14, 2012
By Michael Cader

Two interesting updates to stories from Thursday: Following the formalization of the ebook pricing settlement between the European Commission and four publishers and Apple announced yesterday, Penguin’s own statement about their negotiations was more forthcoming that the EC’s characterization. In fact, it was one of those rare moments when a company says out loud what everyone is already thinking. Rebecca Sinclair from Penguin’s London office reiterated “our position has been—and remains—that we have done nothing wrong” but added “as a practical matter, we are settling in the interests of clearing the decks before the new company is established.” The EC […]

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Filed Under: Agency, eNews, International News

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