Thursday, November 13, 2014
Breaking News: Amazon settles book battle with Hachette
News reports claim the battle of Big Five publisher Hachette with Amazon is over. Who won? Clearly readers win and Hachette scored many points for waging a publicly damaging case against the Internet retail bully. Terms have not been released but it was said that Hachette won the ability to set its own prices. That is significant. But it was also said that there were contractual incentives for Hachette to lower its prices. Of course thus was settled just in time for the maddeningHoliday Season. Merry Christmad!