"Over here the cliffhanger is the Hachette/Amazon stand-off," confides Spy Mouse from London today. "Amazon were demanding more and more favourable margins, and Hachette - who own Hodder Headline and Orion among others - have stood firm."
Tim Hely Hutchinson, CEO of Hachette in Britain, has sent a letter to all his authors, briefing them about a stand-off with amazon.uk, which has been pressing for unacceptable discounts, and which Hachette is now refusing to pay.
In retaliation, amazon.uk has been removing the "buy button" from their listings of certain Hachette books, and taking some titles out of promotional positions on their site.
Read about it on the Bookseller website:
http://www.thebookseller.com/news/61034-agents-pick-sides-on-hachette-v-amazon.html
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