Amazon and Hachette bury the hatchet over e-book dispute

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Amazon and publisher Hachette have announced they’ve resolved their dispute and signed a new multiyear deal, which will take effect from early 2015. Neither side has disclosed details of the agreement but Hachette will now gain the ability to set e-book prices, which had been a major sticking point in the dispute. Michael Pietsch, Hachette’s CEO, says: “This is great news for writers. The new agreement will benefit Hachette authors for years to come. It gives Hachette enormous marketing capability with one of our most important bookselling partners.” For the other side, David Naggar, Vice-President for Kindle says: “We are...

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