Unknown's avatar

Updated: Amazon and Hachette finally reach deal; Hachette will set its ebook prices


Laura Hazard Owen's avatarGigaom

Amazon and book publisher Hachette Book Group have finally reached a deal in the negotiations that have been going on since May. For months, Amazon removed pre-orders on Hachette titles, shipped them with delays and would not discount them.

The new agreement, announced in a joint press release Thursday, covers both print and ebooks.

“This is great news for writers,” Hachette CEO Michael Pietsch said in a statement. “The new agreement will benefit Hachette authors for years to come. It gives Hachette enormous marketing capability with one of our most important bookselling partners.”

“We are pleased with this new agreement as it includes specific financial incentives for Hachette to deliver lower prices, which we believe will be a great win for readers and authors alike,” David Naggar, VP of Kindle, said in a statement.

When the new ebook terms take place in early 2015, “Hachette will have responsibility for setting consumer prices of its…

View original post 235 more words

Unknown's avatar

Amazon’s Kindle Scout Crowdsourced Publishing Platform Goes Live


Unknown's avatar

Simon and Schuster inks deal with Amazon: Publisher will control ebook prices


Unknown's avatar

Amazon and S&S Agree Terms. Who’s The Bad Guy Again?


Unknown's avatar

Amazon Kindle Review: Touch Comes To The Entry-Level Reader


Unknown's avatar

Amazon Launches WriteOn To Compete Against Crowd-Writing Sites Like Wattpad


Unknown's avatar

Kindle Ebook Readers and Tablets


Unknown's avatar

Amazon Family Library


Unknown's avatar

The Kindle Voyage


Unknown's avatar

The Kindle Voyage