Amazon has removed nearly 5,000 eBooks from their Kindle Store, the titles are from one distributor, the Independent Publisher Group, who have refused to sign a new contract with Amazon.
Amazon has apparently demanded an up front payment for the publishers, in the new contract in order to sell their books on the Kindle Store, obviously the publishers decided that the new terms offered by Amazon were not a good idea for the company.
IPG’s president Mark Suchomel had the following to say about Amazon’s latest move.
Amazon.com is putting pressure on publishers and distributors to change their terms for electronic and print books to be more favorable toward Amazon. Our electronic book agreement recently came up for renewal, and Amazon took the opportunity to propose new terms for electronic and print purchases that would have substantially changed your revenue from the sale of both. It’s obvious that publishers can’t continue to agree to terms that increasingly reduce already narrow margins.
You can find out more details about the removal of 5,000 eBooks from the Kindle Store over at Paid Content.
Filed Under: Technology News