Books

Winning a key battle with Amazon may not be working out the way publishers wanted

 

businessinsider.com – Jillian D’Onfro

In the last year, all of the “Big Five” publishers — HarperCollins, Simon & Schuster, Macmillan, Penguin, and Hachette — all signed new agreements with Amazon that allows them to set their own e-book prices.

For Hachette in particular, there was a long, brutal negotiation period as Amazon tried to persuade the publisher to price all its e-books at $9.99.

But even though Hachette and the others technically won the battle to set their own prices, it could be hurting them now, according to a report by The Wall Street Journal’s Jeffrey Trachtenberg.

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