Agreement ends a bitter months-long dispute that saw NYT op-eds, Colbert segments.

by Megan Geuss - Nov 13 2014

 

Amazon and Hachette, the fourth largest book publisher in the US, announced Thursday that they had come to a private agreement ending their months-long dispute over e-book prices.

 

The terms of the deal are not known, but the New York Times reports that Hachette will be able to set prices on its books, following a similar deal between Amazon and Simon & Schuster. In a news alert that Amazon sent to Ars via e-mail, the company said the agreement "will take effect early in 2015. Hachette will have responsibility for setting consumer prices of its e-books and will also benefit from better terms when it delivers lower prices for readers."

 

"Amazon and Hachette will immediately resume normal trading, and Hachette books will be prominently featured in promotions," Amazon specified.

 

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