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Originally Posted by Daithi
Currently, Amazon is splitting revenues 30/70 with any Joe Shmoe, so are the Big 6 and IPG getting a worse deal than any guy off the street? Is 70% not enough for the Big 6 and IPG? Don't they give 50% to small retailers who sell physical books?
I'm not so sure I'm ready to jump on the Amazon Evil bandwagon. Plus the source of this article is from Salon, who has a habit of writing nasty articles about Amazon. |
Yes, indeed, Salon is the sole source of the rumor. The bombshell about all of the big 6 refusing to sign annual contracts with Amazon comes right in the middle of an article about Amazon giving grants to book festivals. Odd? The author's "sekrut" industry mole was the source of the info. A writer from
PaidContent looked into the story as well:
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Zaitchik told me a “source within the publishing journalism industry” and a contact at a major New York publishing house alerted him to the dispute.
People familiar with the situation confirmed to me that at least two big-six houses have refused to sign new annual contracts — but I have not yet been able to confirm that all six did so. Amazon is still fulfilling customer orders, these sources said, but is not promoting big-six houses’ books on the site or in marketing materials in ways it once did.
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So, the PC writer's "people" say two won't sign...maybe more? Is there a story here? If so, what's the WHOLE story? Hard to say. We may never know.