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Amazon, Penguin Random House Avoid Dispute, Ink Deal

Less than a month after news broke that Amazon and publishing behemoth Penguin Random House might go to war over online book sales, the two entities have reached a long-term agreement. The two have reportedly entered into a new contract over both physical and e-books in the U.S. and U.K. “We are still in business with Amazon, and with all our retail partners, and will continue to be,” Penguin Random House said in a statement. Penguin Random House was the last of the “big five” publishers to renew its contract with Amazon to sell titles online.

Read the whole story at Consumerist »

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