Amazon Pulls Thousands of E-Books in Dispute - NYTimes.com

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Amazonageddon

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Amazon.com removed more than 4,000 e-books from its site this week after it tried and failed to get them more cheaply, a muscle-flexing move that is likely to have significant repercussions for the digital book market.

Amazon is under pressure from Wall Street to improve its anemic margins. At the same time, it is committed to selling e-books as cheaply as possible as a way to preserve the dominance of its Kindle devices.

When the Kindle contract for one of the country's largest book distributors, the Independent Publishers Group, came up for renewal, Amazon saw a chance to gain some ground at I.P.G.'s expense.

"They decided they wanted me to change my terms," said Mark Suchomel, president of the Chicago-based I.P.G. "It wasn't reasonable. There's only so far we can go."

With each side unwilling to yield, Amazon pulled the plug, and all of I.P.G.'s books for Kindle disappeared.

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This page contains a single entry by achuka published on November 9, 2012 8:07 AM.

Brighton author wins Roald Dahl prize for funny children's books (From The Argus) was the previous entry in this blog.

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