Hachette book preorders return to Amazon as companies come to terms

Amazon and Hachette have resolved a contentious contract battle that caught readers and authors in the crossfire for months. Neither company is talking specifics, but the New York Times reports that Hachette will get the ability to set its own ebook prices. At the same time, Amazon will offer specific financial incentives for Hachette to sell books at lower prices. E-book pricing was seen as the central issue in the dispute, and while the companies initially kept the nature of their disagreements secret, a bit of public posturing took shape on both sides as the battle wore on. In July, Amazon posted a letter arguing that lower prices are better for everyone, because higher sales make up the difference in revenue. Hachette eventually issued its own public response in defense of its pricing, as authors banded together with a full-page anti-Amazon ad in the Times.To read this article in full or to leave a comment, please click here Continue reading at 'PC World'

[ PC World | 2014-11-13 00:00:00 UTC ]
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