Oyster breaks out of its subscription shell, targets Amazon with ebook store

E-book subscription service Oyster has opened an online book store, a move that pits the young company against heavyweight Amazon.Oyster’s ebook store has the support of the top five publishers in the U.S. While Amazon also offers books from these publishers—Hachette, HarperCollins, Macmillan, Penguin Random House and Simon & Schuster—it got into a nasty battle with them over pricing. Amazon wanted to offer their books at steep discounts, ignoring the publishers’ suggested prices.The fight between Amazon and Hachette was especially toxic, with Amazon preventing customers from pre-ordering upcoming books from the publisher and threatening to stop stocking its titles. The two parties resolved their dispute last November, but didn’t disclose the deal’s terms. None of the publishers immediately replied to questions regarding their negotiations and pricing arrangements with Oyster.To read this article in full or to leave a comment, please click here Continue reading at 'PC World'

[ PC World | 2015-04-08 00:00:00 UTC ]
News tagged with: #ebook store #young company #simon schuster—

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