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Thursday, 1st April 2010

Amazon.com Stops Selling New Penguin USA Titles

From the Article:

E-books published by Penguin Group (USA) on April 1 and thereafter will not be carried on Amazon’s Kindle bookstore, according to a letter that went out to literary agents Thursday morning from David Shanks, chief executive of the publishing house. Older e-books will continue to be sold on the site.

The standoff has come in the midst of negotiations over a switch from Amazon’s wholesale model of selling e-books to the more expensive, so-called agency model that Apple is using on its iBookstore. Amazon has resisted the change, and has been fighting publishers tooth and nail over terms, according to executives with knowledge of the situation.

[Snip]

HarperCollins, Simon & Schuster and Hachette Book Group have all concluded deals with Amazon and others in the past few days to switch to the new model and new pricing, according to reports. Random House Inc. has so far declined to set up shop on the iPad iBookstore, and so won’t be changing its sales model.

Source: Crain's NY Business

See Also: First Agency Model Casualty: Amazon Not Selling New Penguin e-Books (via Publisher's Weekly)


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