Amazon: Hachette Spat Can Be Fixed Wiith Lower Ebook Pricing
July 30, 2014
Amazon has characterized its struggle with publisher Hachette as a quest for a “healthy reading culture,” which it is trying to achieve by forcing down ebook prices.
In a statement on Tuesday, Amazon said lower ebook prices would mean more sales and ultimately more money to go around. Of that money, it said Amazon should get a 30 percent cut – the same as it gets now – and the author and publisher should each get 35 percent.
By David Meyer