Quote:
Originally Posted by Barcey
The 100% wouldn't significantly hurt either of them. The authors signed away their part in the negotiations when they signed away their rights to Hachette. Now they're being used as pawns in the negotiations and taking collateral damage. Amazon offered a 50/50 fund to compensate them and Hachette turned them down. I can understand that would be difficult to fairly distribute. Amazon now offered an alternative where the compensation would be based on the number of ebooks sold.
The proposal would put both Amazon and Hachette under the clock to come to an agreement and the penalty fund would go as some compensation to the authors.
It's actually a very fair proposal but Amazon knows that Hachette won't take it. Hachette appears to be stalling the negotiations (damn the impact to the authors).
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I've been saying this and nobody has been paying attention. Hatchette won't deal unless they get a contract signed that allows them to go back to agency pricing. Amazon is trying to stop that from happening. That's what this fight is about.