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Amazon Reportedly Signs Multi-Year Deal With Simon & Schuster
[October 20, 2014]

Amazon Reportedly Signs Multi-Year Deal With Simon & Schuster


(dpa-AFX International Compact Via Acquire Media NewsEdge) SEATTLE (dpa-AFX) - Online retailer Amazon.com Inc. (AMZN) has signed a multi-year deal with CBS Corp's (CBS) Simon & Schuster, the second major Big Five book publisher it has been negotiating with about the price of e-books, Business Insider reported Monday, citing a source with knowledge of the situation.



Negotiations with Simon & Schuster took only took three weeks and closed two months before Amazon's contract expired, accoridng to Business Insider.

Simon & Schuster made its original offer and an agreement was reached after only a few tweaks by Amazon, Business Insider quoted its source as saying.


Amazon has been involved in a dispute with Lagardère SCA's Hachett for a long time over e-book pricing.

Copyright RTT News/dpa-AFX

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