Macmillan, Amazon Reach New Deal
Amazon and Macmillan have struck a new multiyear agreement covering the sale of print and digital books, according to a letter posted on one of Macmillan’s websites and signed by John Sargent, Macmillan’s chief executive.
The pact, which goes into effect Jan. 5, assures that Amazon will continue to sell and promote Macmillan titles without disruption during the ongoing holiday selling season. Under the new e-book contract, Macmillan will set the consumer prices of its digital titles. Macmillan, a unit of Germany’s Verlagsgruppe Georg von Holtzbrinck GmbH, owns such imprints as Farrar, Straus and Giroux, Henry Holt and Co., and St. Martin’s Press. Top-selling titles include “Killing Patton” by Bill O’Reilly and Martin Dugard, and the photo collection “Humans of New York” by Brandon Stanton.
Macmillan, Amazon Reach New Deal