Hachette Joins Macmillan's Battle Against Amazon (AMZN)

Another major publisher is siding with Apple's pricing model over Amazon's. Hachette Book Group decided it will use the 'agency model' for selling books. This means it keeps 70% of the book sale and Amazon gets 30%. Read the rest of this story »See Also:Macmillan CEO Takes Out A Full Page Ad To Explain His War With AmazonHow To Lose 50% Of Your Money In 15 Minutes Betting On AmazonHey, John Sargent, CEO of Macmillan Books, Screw You!...

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