Amazon and HarperCollins have reportedly reached an agreement that will keep the publisher’s digital and print titles on sale at the world’s largest online book retailer for years to come.
The deal, as reported by the Wall Street Journal, is a multiyear agreement that “calls for HarperCollins to set the retail prices of its digital books, with incentives for HarperCollins to provide lower prices to consumers.“
It would end earlier speculation that the publisher and the retailer were not seeing eye-to-eye amid contract talks, during which HarperCollins reportedly refused to sign on to what Amazon was offering.
The WSJ suggests the agreement would be a boon for Amazon because it “assures the retailer of a good profit on HarperCollins digital titles.” Under what the Journal calls the “agency pricing model,” retailers keep about a third of the revenue from an individual sale, while the publisher receives about 70 percent…….
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