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Murdoch Says E-Book Prices Will Kill Paper Books

Posted by timothy on from the moving-companies-are-probably-unhappy-too dept.

hrimhari writes "The settlement between Amazon and Macmillian got the attention of a known dinosaur. Consistent to his views, Mr. Murdoch wants to defend his book editors by killing the cheaper solution. '"We don't like the Amazon model of selling everything at $9.99," Murdoch said. "They pay us the wholesale price of $14 or whatever we charge," he said. "But I think it really devalues books, and it hurts all the retailers of the hardcover books.'"

5 of 538 comments (clear)

  1. Doubt It! by Anonymous Coward · · Score: -1, Offtopic

    Quite frankly, I enjoy paper. The smell makes me happy.
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  2. Re:This just in... by pcolaman · · Score: 0, Offtopic

    Why would his own network trash him? It'd be more likely to be on CNN or MSNBC (MSNBC being the more likely of the two) would have that story.

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  4. Re:This just in... by Anonymous Coward · · Score: -1, Offtopic

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  5. Send large files, but why when I can buy the book! by Anonymous Coward · · Score: -1, Offtopic

    Why pay for the cost of downloading books, is it really that much cheaper than buying paper books? Maybe that's a stupid question. There must be some advantage to paper or everyone and their dog would have an on-line e-publishing company.

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