Hachette writers plan to appeal directly to Amazon's board - NYT

Published 15/09/2014, 06:01
© Reuters A just-delivered Amazon box is seen on a counter in Golden, Colorado

(Reuters) - Writers published by Hachette Book Group and their allies are planning to appeal directly to the board of Amazon.com Inc to find a way out of the impasse over e-book prices, the New York Times reported.

The writers have been at the receiving end of a dispute, which has seen Amazon delay deliveries and cut discounts on some books published by Hachette, the fourth-largest U.S. book publisher owned by France's Lagardere.

Authors United, a group of Hachette writers and their allies, is warning the Amazon's board that the reputation of the retailer, and of the directors themselves, is at risk, the report said. (http://nyti.ms/1BEPbFx)

The 1,100-member group has time until Wednesday to sign a letter, which warns the directors of the disrepute Amazon's treatment of the literary community is bringing to the company, the daily reported.

The letter follows an ad in The New York Times last month that asked readers to email Amazon's CEO Jeff Bezos and ask him to relent.

Amazon last month asked readers to help in its running dispute by emailing Hachette's CEO.

Amazon says pricing e-books at $14.99 or $19.99 is too expensive and unjustifiable in most cases. It argues that lower-priced e-books sell more and so ultimately generate more revenue, and more royalties for authors.

© Reuters. A just-delivered Amazon box is seen on a counter in Golden, Colorado

Representatives of Authors United were not immediately available for comment.

(Reporting by Arnab Sen in Bangalore; Editing by Gopakumar Warrier)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.