Quote:
Originally Posted by pwalker8
Oh I've acknowledge what you are saying. You are saying that since Hachette wants agency pricing, that Amazon wants something back. I don't think that is correct. My understanding is that Amazon is telling Hachette, not only are we not going to give you agency pricing, we want to reduce how much we pay you for ebooks so we can make money at the $10 price point that we prefer.
It's that Amazon's business model isn't necessarily in the best interest of the publishers (or authors) and that the publishers have a legitimate right to try to negotiate a contract that works for them rather than simply roll over and take whatever Amazon wants to give them.
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Um, no. Amazon is telling Hachette, we don't want agency in OUR store, AND we'll ACCEPT the rate of 30% that you enforced on us DURING agency.
"Yes. In fact, the 30% share of total revenue is what Hachette forced us to take in 2010 when they illegally colluded with their competitors to raise e-book prices. We had no problem with the 30% -- we did have a big problem with the price increases."
http://www.amazon.com/forum/kindle?_...x3J0JKSSUIRCMT
And it's Amazon's site. Amazon has a right to demand whatever they want. Doesn't mean they will get it. The publishers can go elsewhere just like a free agent negotiating a contract with a given team.