Is Amazon's Kindle store about to lose a bunch of content? News Corp. CEO Rupert Murdoch is making noises about breaking ties with Amazon over its pricing terms for Kindle books. That could be significant, given that News Corp. owns publishing giant HarperCollins, the Wall Street Journal and a bevy of other newspapers.
Here's a report that just came out of Dow Jones Newswires (also part of News Corp):
News Corp. (NWS) may break ties with Amazon (AMZN) over pricing terms for the Kindle e-reader, News Corp. Chairman and Chief Executive Rupert Murdoch said Wednesday in a conference call, according to a report on Fox Business Network. Murdoch also said News Corp. is in talks with Sony Corp. (SNE) about making content available on that company's upcoming e-reader, which aims to challenge the Kindle.
Sony just announced it will soon start selling two new electronic readers, including a $199 version that would be significantly cheaper than Amazon's $299 Kindle.
Murdoch has grumbled in the past about Kindle and dropped hints of investing in a rival reader.
More to come.
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