Five for Five – Amazon Inks Deal With Random Penguin

random_penguin_dr[1]Reports of Amazon's negotiations with Penguin Random House were not greatly exaggerated:

Amazon has signed new long-term sales agreements with Penguin Random House in both the U.S and U.K. PRH was the last of the American “Big Five” publishers to reach a deal over sales terms for print and e-books. Just before May’s BookExpo America, reports surfaced in the British press that PRH in the U.K. and Amazon were in an impasse in negotiations, although both sides, and PRH in particular, downplayed those reports.

We obviously do not know the terms of the deal, but I am hoping that it will be less than the outright agency deals that the other four major US trade publishers negotiated with Amazon over the past 9 months.

S&S, Hachette, Macmillan, and HarperCollins have each signed new deals with Amazon, after which ebooks from those four publisher got more expensive and were no longer discounted.

Unless and until someone releases a statement, we're just going to have to wait for the ebook prices in the Kindle Store to tell us just what kind of a deal was struck.


About Nate Hoffelder (10614 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:"I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

3 Comments on Five for Five – Amazon Inks Deal With Random Penguin

  1. I noticed that I am definitely buying less ebooks than before. Even though I have 1200+ Kindle ebooks I have noticed a definite shift in my buying practices…I am going to the library for some of my fictional reads.
    An example:
    Robin Hobb’s Fool’s Assasin…
    Before 5.99
    After 11.99
    I borrowed this from the public library instead of buying. The title was so saved in an Amazon wishlist…when I decided to buy it 2 weeks later I got annoyed at the price and went to the library…sale lost.

  2. I just received an email from proudly announcing a new upcoming ebook from one of my favorite authors from Penguin for $18.99. I think I’ll pass.

    I know the Canadian dollar is in bad shape, but that is ridiculous.

  3. Quite a few Randy Penguin titles on my wishlist spiked in price today. Needless to say, I won’t be purchasing them any time soon.

5 Trackbacks & Pingbacks

  1. Amazon and Penguin Random House agree to contract - TeleRead: News and views on e-books, libraries, publishing and related topics
  2. Readers Can’t Digest – Week 43 (15-Jun to 21-Jun) | InstaScribe
  3. AAP Reports eBook Sales Down 7.5% in the First Quarter of 2015 | The Digital Reader
  4. Did HMH Sign an Agency eBook Contract With Amazon? (No) | The Digital Reader
  5. Revisionist History: Penguin Now Claims to Have "Read Too Much into the eBook Hype" | The Digital Reader

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