NEW YORK (AP) – The overseer of Amazon.com’s Kindle e-book and publishing divisions is preaching peace.
With a months-long standoff between Amazon and Hachette Book Group over e-book revenues settled and a multiyear agreement in place, Amazon senior vice president Russ Grandinetti said Wednesday that he looks forward to an era of “focusing on growing the business.”
He said such disputes, which led to Amazon removing “Pre-order” buttons from some Hachette books and reducing discounts, rarely become so public and the company’s goal is to “keep it rare.”
Grandinetti was interviewed on stage during Digital Book World, a three-day gathering in midtown Manhattan. Harsh words were exchanged last year between Amazon and Hachette officials, but Grandinetti said Wednesday that the interests of Amazon and publishers were “highly aligned.”
Publishers, writers and editors have criticized Amazon, by far the country’s biggest bookseller, for everything from setting e-book prices too low to publishing their own books and competing with its suppliers. Writers published by Amazon have complained that the Kindle Unlimited subscription programme was costing them royalties.