Hachette’s New Deal With Amazon

Hachette has signed a new deal with Amazon and other retailers per its settlement with the Justice Department over the issue of ebook price-fixing.
 
“Per our settlement with the DOJ, we are not preventing discounting of our ebooks by our eBook agents. What you’re seeing on retail sites could be our ebook agents adopting these new terms,” Hachette spokesperson Sophie Cottrell told Digital Book World, adding that the terms of the company’s deals with ebook retailers are confidential.
 
Hachette joins HarperCollins in complying with the terms of a settlement. Simon & Schuster is the only settling publisher not to have a deal in place at this point. In the case of HarperCollins, ebook prices did not always go down once Amazon and Barnes & Noble gained control to set them. And, sales rank data suggest that price decreases didn’t result in more revenue for the bookseller.
 
More on the terms of the agreement from Pub Lunch. 

 


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Image Credit: agreement image via Shutterstock

 

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