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Murdoch on E-book Sales

“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.”

I'm not going to say any more on how rediculous this sounds ... more over at WIRED.

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