Amazon: Hachette Dispute Is About Lower Prices And More Money To Authors

“Books compete against mobile games, television, movies, Facebook, blogs, free news sites and more,” Amazon said in the statement, which was posted on the forum for its Kindle ebook reader. “If we want a healthy reading culture, we have to work hard to be sure books actually are competitive against these other media types, and a big part of that is working hard to make books less expensive.”

Amazon Makes Hachette A Public Offer: Price E-Books At $9.99 And We’ll Make Peace

“In a post on its website, Amazon made the argument for lower e-book prices and outlined that it would be willing to continue accepting 30 percent of e-book sales, its current take, if Hachette stopped pricing titles at $12.99 and $14.99. The company did not suggest that Hachette lower all e-books to $9.99, leaving room for exceptions for specialized titles that warrant higher prices.”