Amazon and HarperCollins aren’t going to war over e-books
While the exact terms of the deal weren’t released, the agreement will let HarperCollins set its own prices for e-books, the Wall Street Journal reports. That makes the deal similar to one reached late last year between Amazon and publisher Hachette.
The Hachette agreement put an end to a drawn-out conflict between the retailer and the publisher over the prices and proceeds of e-book sales. During that dispute, Amazon made it more difficult or outright impossible for its customers to preorder or buy certain Hachette titles.
Amazon didn’t comment on the HarperCollins deal. HarperCollins released a statement saying it had “reached an agreement with Amazon and our books will continue to be available on the Amazon print and digital platforms.”
Amazon had sales of $29.33 billion in the fourth quarter of last year, and net income of $214 million.
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