The rise of digital media has led to many a battle between the old guard—record labels, television networks, movie studios, and book publishers—and the companies that sell their wares to the public. The latest skirmish between the two erupted over the weekend when Amazon stopped selling all books published by Macmillan, noting only that they are available through third parties.
On Thursday, Macmillan CEO John Sargent met with Amazon representatives to discuss the pricing of the publisher’s titles on the Kindle e-book reader. Negotiations didn’t go so well, with Sargent wanting to exercise absolute control over the prices of e-books sold through Amazon. According to the New York Times’ sources, Macmillan wanted Amazon to raise prices from $9.99 to $15.
Buy This Item: [Click here to buy this item]