Archive for June 8th, 2008

Amazon is causing a few ripples

Published by kwan on 08 Jun 2008 at 10:06 pm under Bookselling, Uncategorized

Amazon appears to be causing a few ripples with UK’s largest publisher, Hatchette

The Bookseller.com on 6 June 08 reported that Amazon’s fallout actions against Hatchette are “effectively creating a breach of trust between Amazon and its customers”, http://www.thebookseller.com/news/60365-hely-hutchinson-warns-amazon.html

Hatchette’s CEO Hely Hutchinson is reported to have written a letter informing authors that Amazon’s moves could “prove to be a catalyst for Amazon starting to lose its popularity with the public”

Quoting another report from the Sunday Herald 6 June 08

http://www.sundayherald.com/news/heraldnews/display.var.2326553.0.amazon_accused_of_squeezing_publisher.php

details

“Despite these advantageous terms, Amazon seems each year to go from one publisher to another making increasing demands in order to achieve richer terms at our expense and sometimes at yours,” he [Hely Hutchinson] wrote.

“If Amazon’s demands continued at this pace, he added, Amazon would soon take all the money usually shared between publisher, author and printer.”

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