Amazon Threatens Publishers

10:20 AM The retail giant has said it will cease sales of any publisher that doesn't agree to a list of terms

March 18, 2010

1 Min Read
Amazon Threatens Publishers

10:20 AM -- Inc. (Nasdaq: AMZN) is threatening to cut book publishers off if they don't adhere to a detailed list of demands on e-books, The New York Times reports.

Though the retail giant has conceded that publishers should be able to set their own prices, it wants publishers to sign three-year contracts and guarantee their e-books won't sell for less anywhere else. But, according to NYT, publishers are hesitating to lock into these contracts because of how rapidly the industry is changing, especially with the upcoming release of Apple Inc. (Nasdaq: AAPL)'s iPad.

This demand comes just two months after Amazon shut down sales of Macmillan books on the site, only to later relent.

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