Monday, November 17, 2014
Long story short, Hachette won the ability to set its own prices, and the deal roughly aligns with the one Amazon negotiated with Simon & Schuster.
Here are some of the reactions around the Internet:
Publishers Lunch (subscription required)
My sources tell me that we haven't read the last blog post about how traditional publishers are the guardians of truth and Amazon is the root of all evil or that traditional publishers are antiquarian luddites and Amazon is saving the world for readers.
Art: Club Night by George Bellows