Hachette Book Group

Letter from Richard Russo on the Amazon-Hachette Dispute
July 11, 2014

The primary mission of the Authors Guild has always been the defense of the writing life. While it may be true that there are new opportunities and platforms for writers in the digital age, only the willfully blind refuse to acknowledge that authorship is imperiled on many fronts. True, not all writers are equally impacted. Some authors still make fortunes through traditional publishing, and genre writers (both traditionally published and independently published) appear to be doing better than writers of nonfiction and "literary" mid-list fiction. 

Amazon's Ebooks Antitrust Clash in Germany on EU Radar
July 11, 2014

Amazon.com Inc.'s e-books clash with a publisher is on the European Union's radar after EU officials said they're seeking to understand the dispute, which also spurred a German antitrust complaint by booksellers. Germany's association of booksellers said they were told of the EU's interest by Germany's Federal Cartel Office, according to an e-mailed statement today.

Amazon’s Dispute With Hachette Group Will Have Negligible Impact On Its Business
July 10, 2014

Amazon (NASDAQ:AMZN) recently made a clever move to garner authors' sympathy in order to protect its control over the e-books business. It proposed to Hachette Book Group that the book authors can keep 100% of the revenues generated from e-book sales while the two companies reach a common ground as they re-negotiate their expired e-book contract. Hachette Book Group has rejected the proposal. While the proposal was a tactical PR (public relations) move by Amazon, the retailer's priority remains to retain control over pricing and discounts of e-books

Amazon Makes A Direct Offer to Hachette Authors: Here’s The Full Letter
July 9, 2014

As the negotiations with Hachette drag on, Amazon says it is "thinking of proposing" a path that would alleviate pressure on Hachette authors.

David Naggar, VP of Kindle content and independent publishing, sent a letter to a few Hachette authors, literary agents and Authors Guild president Roxana Robinson over the weekend suggesting that "for as long as this dispute lasts, Hachette authors would get 100% of the sales price of every Hachette ebook we sell. Both Amazon and Hachette would forego all revenue and profit from the sale of every ebook

Slowing Ebook Sales May Embolden Publishers in Amazon Spat
June 27, 2014

With Amazon.com (AMZN) CEO Jeff Bezos battling major publishers to divvy up the economic spoils of the book market, both sides could point to seemingly good news in the latest industry statistics.

U.S. publishers collected about $3 billion in trade ebook sales last year, virtually unchanged from 2012, according to the new report from the Bookstats Project, jointly produced by the Association of American Publishers and the Book Industry Study Group. Total revenue from print and digital books in the trade category, which excludes textbooks and journals, declined 2% to $14.6 billion.

The Part of the Hachette-Perseus Deal You Didn’t Hear About: It Involves 400 Leading Indie Publishers
June 26, 2014

In the New York Times coverage, for example, the fact that hundreds of indie publishers were part of the deal doesn’t show up until — well, it doesn’t really show up at all. The fact that Perseus even had a “distribution arm” doesn’t appear until paragraph seven, but you’d have to know what “distribution arm” meant to really get it, and even then it only merits half a sentence: “Under the terms of the deal, Hachette would keep the Perseus publishing business,

In Amazon vs. German Publishers, One Analyst Calls Both ‘Hypocrites’
June 25, 2014

The world's biggest bookstore is too big for German book publishers.

The German Publishers and Booksellers Association announced today that it filed a complaint last week to the national antitrust authority, asking for an investigation into Amazon's practices.

The complaint was precipitated by Amazon's refusal over the last two months to ship books from a major German publishing house, the Bonner Media Group, because of a disagreement over a revenue split from sales of e-books.

Hachette Adds Perseus Books to Combat Amazon
June 25, 2014

Hachette Book Group is bulking up and diversifying, steps that could improve its long-term negotiating position with Amazon, the giant online retailer.

The publisher said on Tuesday that it had agreed to acquire the Perseus Books Group, the country's sixth-largest trade publisher.

Michael Pietsch, Hachette's chief executive, said in a phone interview that the deal was part of Hachette's "strategic long-term plan to grow in the U.S. market," and was not related to its monthslong standoff with Amazon over e-book pricing.