Five for Five – Amazon Inks Deal With Random Penguin

Five for Five - Amazon Inks Deal With Random Penguin Amazon Contract Publishing 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.

PW

Nate Hoffelder

View posts by Nate Hoffelder
Nate Hoffelder is the founder and editor of The Digital Reader. He has been blogging about indie authors since 2010 while learning new tech skills weekly. He fixes author sites, and shares what he learns on The Digital Reader's blog. In his spare time, he fosters dogs for A Forever Home, a local rescue group.

8 Comments

  1. Amazon and Penguin Random House agree to contract - TeleRead: News and views on e-books, libraries, publishing and related topics18 June, 2015

    […] Nate Hoffelder points out at Ink, Bits, and Pixels, the aftermath of the other four deals was to see publishers’ e-book prices rise and the […]

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  2. Steve19 June, 2015

    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.

    Reply
  3. […] Five for Five – Amazon Inks Deal With Random Penguin […]

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  4. […] The Association of American Publishers confirmed today that the major publishers are feeling the first stings of the mad rush back to agency pricing. […]

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  5. LS19 July, 2015

    I just received an email from Amazon.ca 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.

    Reply
  6. […] on ebooks from Hachette, Macmillan, HarperCollins, S&S, but not Penguin Random House (the new contract has not gone into […]

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  7. Tim Wilhoit1 September, 2015

    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.

    Reply
  8. […] with respect to ebooks was the price-fixing conspiracy, and its second-biggest decision was bringing back agency pricing in June 2015. Both decisions were made in the hopes of reducing ebook sales and promoting print […]

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