"We donâ€™t like the Amazon model of selling everything at $9.99,â€ Murdoch noted recently. â€They pay us the wholesale price of $14 or whatever we charge. But I think it really devalues books and it hurts all the retailers of the hard cover books.â€
Despite the significantly lower distribution costs?
Another cash-grab in the middle of a world recession. Smart that. Grab as much money as you can ..