Five for Five – Amazon Inks Deal With Random Penguin
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.
Amazon and Penguin Random House agree to contract – TeleRead: News and views on e-books, libraries, publishing and related topics June 18, 2015 um 1:08 pm
[…] 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 […]
Steve June 19, 2015 um 11:40 am
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.
Robin Hobb’s Fool’s Assasin…
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.
Readers Can’t Digest – Week 43 (15-Jun to 21-Jun) | InstaScribe June 22, 2015 um 5:33 pm
[…] Five for Five – Amazon Inks Deal With Random Penguin […]
AAP Reports eBook Sales Down 7.5% in the First Quarter of 2015 | The Digital Reader July 16, 2015 um 8:55 pm
[…] The Association of American Publishers confirmed today that the major publishers are feeling the first stings of the mad rush back to agency pricing. […]
LS July 19, 2015 um 4:53 pm
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.
Did HMH Sign an Agency eBook Contract With Amazon? (No) | The Digital Reader July 20, 2015 um 5:13 pm
[…] on ebooks from Hachette, Macmillan, HarperCollins, S&S, but not Penguin Random House (the new contract has not gone into […]
Tim Wilhoit September 1, 2015 um 9:32 am
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.
Revisionist History: Penguin Now Claims to Have "Read Too Much into the eBook Hype" | The Digital Reader October 16, 2016 um 11:21 pm
[…] 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 […]