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August 4, 2014By Sarah Weinman

Kensington Discloses 18-Month Terms Impasse With Amazon

August 4, 2014By Sarah Weinman

Hachette’s ongoing terms dispute with Amazon has given cover for the WSJ to describe another recently resolved terms dispute between the retailer and a different, smaller publisher. Kensington ceo Steven Zacharius told the paper the company spent 18 months negotiating its latest deal with Amazon, which began in July and expires 12 months later. Discussions lasted so long, Zacharius said, because “each person got entrenched and didn’t want to budge. But at a certain point there has to be compromise.” Zacharius wouldn’t say why the talks dragged on so long but that it resulted in “a fair deal for both […]

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Filed Under: eNews, Finance

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