Amazon Just Revealed Exactly What's At Stake In Its Battle With Hachette

Amazon finally revealed the exact cause behind its long battle with "Big Five" book publisher Hachette in a public post on its Kindle forum: It's fighting for lower e-book prices and a 30% cut of sales.

For the past several months, Amazon and Hachette have been having a very public pricing disagreement that left affected authors enraged and sparked a debate in the literary world about whether Amazon had too much power. We knew the battle was over e-books, but rumor had it that Amazon wanted a 50% cut of every sale, instead of 30%.