Not with a bang . . .


The "suit" ends - Macmillan settles. From CEO John Sargent:


I like to believe that we would win at trial. But outcomes are hard to predict with certainty,
particularly in a civil case with a low burden of proof.  And so we agreed to settle with no
admission of guilt. As with the other settling publishers, retailers will now be able to discount
Macmillan e-books for a limited time. This change will take effect quickly.
Thank you for all the support you have shown for Macmillan, and me, over this last year.  And
also thanks to the many booksellers and others who voiced their opinions. I’m disappointed it
ended this way. But this round will shortly be over, and it is time for us to move on to the next.

Full statement here.


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