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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.'"

2 of 538 comments (clear)

  1. Re:This just in... by Anonymous Coward · · Score: 0, Redundant

    another old wrinkly dinosaur doesn't like change! news at 10 on FOX!

    Re-fixed.

  2. Re:This just in... by ChienAndalu · · Score: 0, Redundant

    Sell my used ebooks at a used ebook store.

    And lose yours?