HarperCollins has reached an agreement with Amazon, and will see its books continue to be sold in print and digital formats through the internet retailer.
Though the specifics of the new deal have not been revealed, the Wall Street Journal cited someone familiar with the deal, who reports that HarperCollins will set the retail prices of its digital books, with incentives for the publisher to provide lower prices for consumers.
The new deal follows reports of a terms dispute between HarperCollins and Amazon, similar to the spat between the Hachette Book Group in the US and Amazon during 2014.
During the terms negotiations, Amazon revealed that it had offered HarperCollins the same deal it had successfully given to other publishers, including
Hachette, Simon & Schuster and Macmillan. Publishers Lunch reported last week that HarperCollins was preparing to return to a full agency model for e-book sales.
A statement from HarperCollins released yesterday evening (13th April) said: "HarperCollins has reached an agreement with Amazon and our books will continue to be available on the Amazon print and digital platforms."