Amazon Extends Olive Branch to Hachette Authors

With tensions deepening between Amazon and Hachette, Amazon sent a peace offering to authors caught in the middle of the dispute. While negotiations drag on, authors should receive all of the revenue from their e-book sales, Amazon proposed in a letter to some authors and agents. The letter reportedly was sent to Hachette itself this week. The proposal would require both Amazon and Hachette to lose their share of the sales for the time being — Hachette summarily rejected the idea.

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