Full news story on Amazon removes Kindle versions of IPG books from sale.
Amazon removes Kindle versions of IPG books from sale
Feb 22 2012
Amazon has removed all ebooks published by Independent Publishers Group (IPG). IPG is the second-largest independent book distributor in the USA representing over 700 publishers. IPG President Mark Suchomel said in an email alert yesterday: "I am disappointed to report that Amazon.com has failed to renew its agreement with IPG to sell Kindle titles.... 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. I have spoken directly with many of our clients and every one of them agrees that we need to hold firm with the terms we now offer. I'm not sure what has changed at Amazon over the last few months that they now find it unacceptable to buy from IPG at terms that are acceptable to our other customers."
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