Amazon.com 'not optimistic' about a Hachette book deal
By Glenn Chapman, AFP
May 29, 2014, 12:06 am TWN
SAN FRANCISCO--Online commerce titan Amazon.com on Tuesday said it doubted that it would soon bury the hatchet with book publisher Hachette.
Negotiations between Hachette and the biggest book seller in the United States over pricing, discounting and other terms for selling works have been unsuccessful. "The two companies have so far failed to find a solution," Amazon said in a post at an online Kindle forum.
"Though we remain hopeful and are working hard to come to a resolution as soon as possible, we are not optimistic that this will be resolved soon."
Amazon is pressuring the Hachette Book Group, a subsidiary of French company Lagardere, as the two renegotiate their contract, according to U.S. media reports.
Noticed tactics include delaying delivery of Hachette books and not discounting works handled by the publisher, and suggesting that readers looking for some Hachette titles might enjoy a book from another.