Home
Internet
Internet News
Amazon, HarperCollins Reach Multi Year Publishing Deal: Report

Amazon, HarperCollins Reach Multi-Year Publishing Deal: Report

By Reuters | Updated: 14 April 2015 09:33 IST

E-commerce company Amazon.com Inc and publisher HarperCollins have reached a new multi-year publishing deal that covers both print and digital titles, The Wall Street Journal reported, citing HarperCollins.

The deal calls for HarperCollins, owned by News Corp, to set the retail prices of its digital books, with incentives for HarperCollins to provide lower prices to consumers, the Journal said, citing a person familiar with the matter.

Financial terms were not reported. The agreement is expected to go into effect this week, the Journal said.

"HarperCollins has reached an agreement with Amazon. Our books will continue to be available on the Amazon print and digital platforms," a HarperCollins spokeswoman said in a statement, the Journal reported.

In November, Amazon reached a multi-year agreement with Hachette Book Group for ebook and print book sales after months of bitter fighting that pitted writers and publishers against Amazon.

Hachette is a unit of France's Lagardere SCA and the fourth-largest U.S. book publisher.

HarperCollins and Amazon were not available to comment.

© Thomson Reuters 2015

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.