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Amazon and Hachette wrap up ebook war
['Jon Mundy', 'Reece Bithrey', 'Simon Handby']
Trusted Reviews
The standoff over ebook pricing had led to Amazon restricting stock of Hachette’s physical books and preventing pre-orders. According to the email send by Hachette CEO Michael Pietsch to his authors (and republished by CNN reporter Brian Stelter), “Hachette titles will be restored as soon as possible to normal availability on Amazon, will be available for pre-order, and will be included in promotions on the site.” Apparently these new terms will come into effect in early 2015, and will grant the fourth largest book publisher “full responsibility for the consumer prices of our ebooks,” thus allowing it to “change ebook prices dynamically to maximize sales.”