Amazon v Hachette
2014-06-05 23:29:38.456993+02 by Dan Lyke 0 comments
Paul Elard Cooley: Essay–A POX ON ALL YOUR HOUSES:
In a nutshell, but is again very one-sided, here’s an article that explains what’s going on in easy to misread steps.
So basically what everyone loyal to Hachette and the other members of the Big 5-4-3-2-1 is decrying is that Amazon is “bullying” traditional publishing into a corner. Why? Well, because the then Big 6 colluded with Apple to fix e-book pricing. They wanted to protect their ability to manipulate the market and did so by working with Apple to essentially over-cut/under-cut Amazon. Nice job, guys. It ended up with everyone going to court. Apple and the Big 6 lost the judgement. Result? The Big 6 (now Big 5) have to negotiate contracts with online sellers. The first one in the bucket is Hachette. And Amazon is playing hardball.