Amazon Demanding Deep Discounts From Publishers
From the Seattle Times (Amazon.com trying to wring deep discounts from publishers):
The bad news came to McFarland & Co. in an email from Amazon.com. The world’s largest Internet retailer wanted better wholesale terms for the small publisher’s books. Starting Jan. 1, 2012 — then only 19 days away — Amazon would buy the publisher’s books at 45 percent off the cover price, roughly double its current price break.
For McFarland, an independent publisher of scholarly books situated in the mountains of North Carolina, Amazon’s email presented a money-losing proposition.
Read much more at the Seattle Times.