Thread: Amazon vs. Hachette Update - It's About Price
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Old 07-29-2014, 11:14 PM   #9
fjtorres
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Quote:
Originally Posted by Barcey View Post
Interesting, they're happy with the fixed 30% but want the ebooks priced at $9.99. This could be a long time until it's settled. I bet the old wholesale model is looking pretty good to Hachette about now.
That is the whole point Amazon is making: they know more about retailing than Hachette ever will and it is going to be a cold day in the Amazon jungle when they let Hachette tell them how to run their business. They can have no-discount Agency on Amazon's terms or not at all. (And they'd be wisest to choose "not at all".

That release looks fairly mild but there's several implied threats in there that need to be taken seriously. Bringing in the subject of author royalties is a big escalation. If Hachette's royalty accounting is anything less than pristine Amazon can mess them up big with just one PR release.
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