Online giant Amazon and publisher Hachette have resolved an unpleasant row over the pricing of print and ebooks. The companies have been battling over the terms of a new contract since early May.
Amazon was accused of using “aggressive” negotiation tactics, such as preventing customers pre-ordering books, reducing discounts and delaying shipments of the publisher’s titles, hitting sales. These actions triggered outrage from nearly 1,000 authors.
Douglas Preston, a bestselling author whose books are published by Hachette and who spearheaded the Authors United petition, said: “I’m very relieved both for myself and for my fellow Hachette authors. I don’t know the full details but I’m sure Michael Pietsch would not have accepted anything that was not beneficial for his authors, so I’m quite satisfied and happy about it”.
17 Nov 2014