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Justifiable Department Accuses Apple News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Detailed text transcripts for TV channel - FOXNEWS - 20120309:00:36:00

shepard: ed he, thanks very much. the controversial pardons by the outgoing governor of the state of mississippi are perfectly valid so ruled the mississippi supreme court today. before he left officer the then governor haley barbour pardoned four convicted killers worked as inmate trustees at the governor s mansion. the state s attorney general challenged some of the pardons saying they failed to make a requirement to publish advanced notice in a newspaper. the court ruled 6 to 3 that that was not enough to overturn the pardons. apple and some of the nation s biggest publishers accused of working together to jack up the prices of books you buy online. now the government is getting involved and that could mean lower prices? details ahead. plus, the televangelist pat robertson says we should treat marijuana the same way as alcohol. in other words, people should not get arrested for smoking

Detailed text transcripts for TV channel - FOXNEWS - 20120309:00:41:00

face possible lawsuits over the price you pay for ebooks. according to a report in the wall street journal, which is owned by the parent company of our network, the justifiable department accuses apple and the major u.s. publishers you see here of price fixing the feds reportedly say lawsuits are imminent among the publishers is harper collins which is also owned by news corps our parent company. no comment from any of knows businesses. ebooks has become a real cash cow for the struggling publishing industry. we are talking nearly a billion dollars in net sales revenue last year alone. gerri willis from the fox business network is here. explain what the concerns are. they re talking about co-lewding. did they get in a book room and decided things together without making it public? what happened was and this was a steve jobs priority the publishers were told they could set the prices. they gave apple 30% profit margin. they were also told that they couldn t offer their books cheaper

Detailed text transcripts for TV channel - FOXNEWS - 20120309:00:42:00

shep? shepard: the price of ebooks has actually gone down recently and not up. and will continue going down. take a look at these numbers. in 2009 average ebook $9.23. by 2011 just last year $8.19. two years from now, it s going to be 7 bucks. so these prices have come down, come down hard and who has been advantaged? consumers. reading consumers. shepard: the one thing that we missed though is books on a shelf. they seem to not exist anymore. kind of weird. i kind of like ebooks. i m down with ebooks. are you selling a book? shepard: am i selling books? i m not planning to sell books. if you want a book i will go buy one for you as long as it s not pornographic or something. what s the next step as far as lawsuit thing. you mentioned nothing has been filed yet. we don t have a suit yet. that s up in the air. we don t know when it s going to be filed. also salesment would be likely. you would expect these guys to get together, agree to pay some money. apple will pay some mo

Detailed text transcripts for TV channel - FOXNEWS - 20120309:00:40:15

Detailed text transcripts for TV channel - FOXNEWS - 20120309:00:40:15
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