Amazon.com, Inc. (AMZN) Forms ‘Readers United Group’ To Fight Authors Efforts against It

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Amazon.com, Inc. (NASDAQ:AMZN) tussle with publishers continues to near fever pitch after opting to create ‘readers-united group’ as a fight back, to counter an earlier formed group by more than 900 publishers. Amazon has been entangled in a  tussle with French books distribution giant, Hachette, claiming it deserves a bigger cut on the total number of books it sells, according to Bloomberg’s Julie Hyman.

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“More than 900 authors have united in solidarity against Amazon.com, Inc. (NASDAQ:AMZN) and now Amazon has created its own group to counter those efforts called ‘readers united.’ This is all in response to an ongoing dispute that Amazon is blocking or delaying sales of Hachette books while negotiating a new distribution deal with the publishers, said Bloomberg’s Betty Liu.

The authors have also in the recent past joined forces complaining that the ongoing standoff has only resulted in books being taken hostage, reducing the rate at which their pieces of work reach the end consumer. The authors have also asked readers to send Amazon.com, Inc. (NASDAQ:AMZN)’s CEO, Jeff Bezos; emails airing out their disgust about the ongoing standoff.

“The authors are alleging again that these books are being taken hostage, and they are victims of this dispute. Many of those authors who signed are not actually Hachette authors themselves and also they are urging readers to email, Jeff Bezos, and tell him that they don’t like this behavior,” said Hyman.

Amazon has also asked readers to send Hachette’s CEO emails, to air out their grievances about the ongoing standoff.  Amazon.com, Inc. (NASDAQ:AMZN) has also found itself in a standoff with media outlets such as Warner Bros, clearly outlining its position in the market where it always pushes for whatever it feels suits it, as a negotiation tactic.

Amazon.com, Inc. (NASDAQ:AMZN) has already blocked pre-orders from The Walt Disney Company (NYSE:DIS) as it continues to push for better prices for DVD’s, of the yet to be released films. Having solved its standoff with Warner’s Bros., it is still not clear when Amazon will solve its ongoing tussle with Hachette.

 

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