Following multiple statements from the Hachette Book Group to its authors and the media, on Tuesday evening Amazon broke their silence on the standoff with the publisher over terms with a post authored by the Amazon Books Team on the company’s online forum. It is titled “Announcement: Hachette/Amazon Business Interruption.” (The post is locked for discussion.) After making clear that Hachette “is part of a $10 billion media conglomerate” and an “important supplier,” Amazon admits: “Unfortunately, despite much work from both sides, we have been unable to reach mutually-acceptable agreement on terms. Hachette has operated in good faith and we admire […]
