Latest in Agency

Image credit:

Hachette Book Group also pulls away from Amazon

Nilay Patel
February 5, 2010
Share
Tweet
Share

Sponsored Links

It looks like the tide is starting to turn decisively against Amazon's $9.99 e-book publishing model -- first MacMillan fought back and won, then HarperCollins dragged Bezos and Co., back to the negotiating table, and now Hachette is beating on the door. That's at least the word according to a leaked memo from Hachette Book Group CEO David Young, in which he says the "agency" pricing model favored by MacMillan -- and used by Apple new iBooks store -- is the way to go. Ultimately this all comes down to power and control, and we're getting the feeling the publishers have realized that they have to exert it in order to keep it -- and oddly enough, it seems like Apple and the iPad are the leverage they've been waiting for. Get ready for the shakeout.

P.S.- Charlie Stross has a nice breakdown of the differences between the Amazon model and the agency model, if you're interested in the nitty-gritty.



All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share

Popular on Engadget

The 2020 Engadget Holiday Gift Guide

The 2020 Engadget Holiday Gift Guide

View
The best TV deals we could find for Black Friday

The best TV deals we could find for Black Friday

View
'Marvel's Avengers' hasn't turned a profit yet

'Marvel's Avengers' hasn't turned a profit yet

View
'Worms Rumble' will debut as a free PS Plus game on December 1st

'Worms Rumble' will debut as a free PS Plus game on December 1st

View
AirPods Pro are down to a new low of $169 ahead of Black Friday

AirPods Pro are down to a new low of $169 ahead of Black Friday

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr