Amazon and Hachette reach a deal to settle nasty dispute
Amazon and Hachette Book Group have finally reached a a multi-year agreement, effectively resolving their months-long standoff.
Amazon had been fighting with the Hachette, asking for a bigger portion of e-book revenue, while keeping Hachette's e-book prices at $9.99. The dispute led to Amazon delaying orders of Hachette books.
Hachette's CEO, Michael Pietsch, apparently told the publisher's authors that the deal will allow Hachette to maintain control of pricing. Pietsch said the agreement is "in the long-term interest" of both authors and the publisher.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Meghan DeMaria is a staff writer at TheWeek.com. She has previously worked for USA Today and Marie Claire.
-
Tea with Judi Dench: ‘touching’ show is must-watch Christmas TVThe Week Recommends The national treasure sits down with Kenneth Branagh at her country home for a heartwarming ‘natter’
-
Codeword: December 24, 2025The daily codeword puzzle from The Week
-
Sudoku hard: December 24, 2025The daily hard sudoku puzzle from The Week
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstancesSpeed Read
-
Western mountain climbers allegedly left Pakistani porter to die on K2Speed Read
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governorSpeed Read
-
Los Angeles city workers stage 1-day walkout over labor conditionsSpeed Read
-
Mega Millions jackpot climbs to an estimated $1.55 billionSpeed Read
-
Bangladesh dealing with worst dengue fever outbreak on recordSpeed Read
-
Glacial outburst flooding in Juneau destroys homesSpeed Read
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creatureSpeed Read
