Hachette lays off 3% of staff amid book prices row with Amazon

US publisher will cut staff as 'cost-saving initiative' while row with Amazon continues to hamper ability to sell booksHachette, the multinational book publisher embroiled in a public spat with Amazon, announced that it will be laying off about 3% of its staff on Thursday."Today, we had to make some difficult changes at HBG as part of a cost-savings initiative that will improve our company's resilience to a changing marketplace and position HBG for future growth. Unfortunately, these changes mean that some of our colleagues will be leaving the company," the book publisher said in a statement on Thursday. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2014-06-06 00:00:00 UTC ]
News tagged with: #book publisher #changing marketplace #future growth

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Hachette lays off 3% of staff amid book prices row with Amazon

US publisher will cut staff as 'cost-saving initiative' while row with Amazon continues to hamper ability to sell booksHachette, the multinational book publisher embroiled in a public spat with Amazon, announced that it will be laying off about 3% of its staff on Thursday."Today, we had to make... Continue reading at The Guardian

[ The Guardian | 2014-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book publisher #changing marketplace #future growth


Deal Struck, Amazon Lets Hachette Set Its Own E-Book Prices

Amazon and Hachette Book Group have resolved their dispute over ebook prices and physical book sales with a multiyear agreement in the U.S., ending a standoff that cut off availability of some of the publisher's books by the online retailer and stirred up ugly PR for Amazon.The deal will take... Continue reading at Advertising Age

[ Advertising Age | 2014-11-13 00:00:00 UTC ]
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Hachette Book Group Saw Diversity Gains in Staff, Book Acquisitions in 2020

BIPOC employees represented 47.8% of new hires by the Hachette Book Group in 2020, and the percentage of titles acquired from BIPOC authors and illustrators increased to 29%, from 22%. CEO Michael Pietsch acknowledged that despite the improvement, much more work needs to be done. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-13 04:00:00 UTC ]
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Amazon, Publishers Seek to Knock Out Refiled E-book Price-Fixing Suit

Lawyers for Amazon and the Big Five publishers say that a revived class action suit accusing them of colluding to fix e-book prices is not significantly different from the case that was dismissed in September for lack of evidence, and should not be allowed to go forward. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-08 05:00:00 UTC ]
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Amazon, Big Five E-Book Price Fixing Suit Is Revived

Nearly two months after the case was dismissed, lawyers have amended and re-filed a potential class action suit accusing Amazon and the Big Five publishers of coordinating to eliminate competition in the e-book market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-22 05:00:00 UTC ]
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Lawyers Argue that E-book Price-Fixing Case Against Amazon, Big Five Publishers Should Proceed

In a lengthy opposition brief filed this week, lawyers for a potential consumer class portrayed their case as the second act of the Apple e-books case and insisted there is more than enough evidence for the case to proceed. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-02 04:00:00 UTC ]
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Amazon, Publishers Seek to Delay Discovery in E-book Price-Fixing Case

In a filing this week, Amazon and the Big Five publishers said the plaintiffs' claims of an e-book price-fixing conspiracy are "implausible." Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-07-07 04:00:00 UTC ]
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Court Appoints Hagens Berman Lead Counsel in Amazon E-book Price Fixing Case

In a brief order, judge Gregory Woods said the move, which is common in consumer class action cases, will bring "efficiency and economy" to what is "likely to be expensive and complicated litigation." Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-15 04:00:00 UTC ]
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Class suit filed against Amazon for e-book price fixing in US

Amazon is being sued for anti-competitive behaviour in the United States by the same law firm that successfully sued Apple and five major publishers for colluding to fix e-book prices in 2011. Continue reading at The Bookseller

[ The Bookseller | 2021-01-17 12:13:54 UTC ]
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Amazon Hit with E-book Price Fixing Suit

The law firm that successfully sued Apple and five major publishers for colluding to fix e-book prices in 2011 has filed a class action against Amazon, accusing the company of colluding with the Big Five publishers to eliminate price competition from the e-book market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-14 05:00:00 UTC ]
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Hachette UK offers NHS staff free e-books

Hachette UK has set up a new website to offer NHS workers across the country free e-books to thank them for their dedication during the pandemic.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-14 14:51:17 UTC ]
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Firm Behind Apple E-books Case Now Suing Amazon for Price Fixing

On March 19, lawyers from Hagens Berman filed a class action suit on behalf of consumers in the U.S. District Court in Seattle, accusing Amazon of a massive horizontal price fixing scheme involving its two million third-party sellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-23 04:00:00 UTC ]
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Amazon Deprioritizes Book Sales Amid Coronavirus Crisis

As it works to meet the surge in demand for "household staples, medical supplies, and other high demand products," Amazon has sent a letter to other suppliers, including publishers, telling them their goods will receive a low priority until at least April 5. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
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Hachette and Bonnier pull out of Bologna Book Fair amid coronavirus concerns

Hachette and Bonnier Books UK are the latest publishers to announce they will no longer be sending staff to the Bologna Book Fair as a result of the coronavirus outbreak. Continue reading at The Bookseller

[ The Bookseller | 2020-03-10 17:59:23 UTC ]
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Hachette Book Group Reorganizes Sales Staff

Hachette Book Group has announced a restructuring of its sales staff in the wake of its acquisition of Perseus. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-27 00:00:00 UTC ]
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Amid Controversy, Israel Repeals Its Fixed Price ‘Book Law’

Israel has repealed its Law for the Protection of Literature and Writers, which required fixed book prices for 18 months and minimum author royalty rates. The post Amid Controversy, Israel Repeals Its Fixed Price ‘Book Law’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-06-06 00:00:00 UTC ]
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Hachette Book Group reaches agreement with Amazon

Hachette Book Group (HBG) in the US and Amazon have reached a new multi-year agreement, after months of negotiations and a very public battle. The agreement will give HBG responsibility for setting consumer prices of its ebooks, and the publisher will “benefit from better terms when it delivers... Continue reading at The Bookseller

[ The Bookseller | 2014-11-14 00:00:00 UTC ]
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Amazon Resolves Dispute With Top-Five Publisher Hachette Over Book Sales

After months of bitter fighting, Hachette and Amazon announced on Thursday morning that they have settled their differences and reached a new multi-year agreement for ebook and print book sales. The post Amazon Resolves Dispute With Top-Five Publisher Hachette Over Book Sales appeared first on... Continue reading at Wired

[ Wired | 2014-11-14 00:00:00 UTC ]
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Amazon and Hachette call a truce in their ebook pricing war

Well, that was anticlimactic. Online retail titan Amazon and the publisher Hachette have been sniping at each other for months because they couldn't see eye to eye on how much ebooks should cost (and how much revenue Amazon should get off of them).... Continue reading at Engadget

[ Engadget | 2014-11-13 00:00:00 UTC ]
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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... Continue reading at PC World

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