Amazon and Hachette Bury Hatchet For Now
Articles / November 18, 2014

It’s been going on for a while now. Amazon, the mega online book seller, and Hachette, the fifth largest publisher in the US, and parent company of Yen Press, got into a bit of a disagreement last May. The publisher had been in talks to renew contracts the book seller. A sticking point was that Hachette wanted to set their own e-Book prices, while Amazon wanted that power. When an impasse had been reached, Amazon did the only thing a mega book seller with 60% of the online market could do; they crippled sales of Hachette books on their site. Amazon stopped taking pre-orders, increased shipping times, dropped discounts for all Hachette titles. This included Yen Press. The batter became bitter as both sides pointed fingers at the other being the problem. Authors jumped in as well, feeling the pressure as sales of their books dropped. They didn’t pressure their publisher to back down though, they put the pressure on Amazon for being the bully in all this. They even formed a group, Authors United, to help in the fight. Amazon tried some tactics to turn the authors against their publisher, but it really didn’t work. Finally, as of last…