After a fantastic BEA (Book Expo America), I’ve been digesting the whole Amazon/Hachette battle. I’ve basically come to the conclusion that it’s an incredible time to be a self-published author.
The first thing that surprised me is that so much has been misreported about the Amazon/Hachette battle. Amazon and Hachette are negotiating their contract terms, and what normally should have been behind-the-door talks is turning into an all-out flame war in the media.
a) Amazon increased publisher prices.
Amazon can’t increase prices. Amazon acts as a retailer of books. The publisher always sets the price of the books. Amazon only changes the amount of the discount similar to the way Walmart, Target or anyone else would.
b) Amazon removed buy buttons from Hachette titles.
No, Amazon didn’t remove any buy buttons. They just removed pre-order buttons from Hachette titles. Amazon doesn’t make pre-order buttons available to everyone and negotiates with each publisher individually. Readers can still buy their books albeit with delays as posted in the Amazon forums.