May 28 2014
Amazon has finally broken its silence over the dispute with Hachette, saying that while the two sides are working hard, Amazon is "not optimistic [the issue] will be resolved soon." For its part, Hachette said it is holding its position. In a statement, the publisher said it will "spare no effort" to continue doing business with Amazon, "but under terms that value appropriately for the years ahead the author's unique role in creating books, and the publisher's role in editing, marketing, and distributing them."
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