Originally posted on Shelf Life:
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Simon & Schuster has signed a new multiyear contract with Amazon that gives the publisher nearly full autonomy over ebook pricing. Both dealmakers appear to be pleased with the agreement, going into effect Jan. 1, 2015. S&S chief executive Carolyn Reidy said in a letter obtained by The New York Times that the deal “is economically advantageous for both Simon & Schuster and its authors and maintains the author’s share of income generated from eBook sales.” The publisher will gain control over determining the prices of its authors’ ebooks, “with some limited exceptions,” according to the letter. Amazon, for example, can still offer some discount deals.
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