The contract between “Big Five” book publisher HarperCollins and Amazon is about to expire and HarperCollins is refusing to sign an agreement with the new terms that Amazon is asking, a source with knowledge of the situation tells Business Insider.
The contract presented to HarperCollins was the same contract recently signed by Simon & Schuster, Hachette, and Macmillan, our source says.
If HarperCollins and Amazon don’t come to an agreement, no print or digital HarperCollins books will be available on Amazon once its current contract runs out “very soon,” our source says.
Last year, Amazon and Hachette fought a brutal, public battle after its contract expired in March. After a long back-and-forth, the two came to an agreement that reportedly gave Hachette “control over most of its pricing but offered incentives to sell at lower prices,” while Amazon “got increased co-op funds, the payments for placement on the retailer’s website.” At the time, both Amazon and Hachette said they were “pleased with the agreement” and Simon & Schuster and Macmillan both signed a similar contracts.
Business Insider reached out to HarperCollins and Amazon.
An Amazon spokesperson sent the following:
“I can’t comment on that rumour. I can say that we have offered Harper the same terms for a contract that Simon & Schuster, Hachette and Macmillan have all recently agreed to.”
Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.
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