Amazon courts Hachette authors by proposing they keep e-book revenue


  • TECH
  • Wednesday, 09 Jul 2014

SAN FRANCISCO: Amazon.com Inc ratcheted up the pressure on Hachette Book Group by proposing the publisher's authors get all the revenue from ebooks sold by the ecommerce company, as both sides try to resolve their bitter months-long contract dispute. 

Hachette rejected the offer on Tuesday. The fourth-largest US book publisher, owned by France's Lagardere, instead asked Amazon to immediately withdraw "sanctions" on its books. Amazon's reply to Hachette's response: "We call baloney." 

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