Macmillan CEO Addresses eBook Pricing Dispute with Amazon

After a day of speculation and anonymously attributed claims, Macmillan CEO John Sargent confirmed that Amazon (AMZN) had stopped directly selling books by the publisher. “It is impossible to reach you all in the very limited timeframe we are working under, so I have sent this message in unorthodox form,” he wrote in a paid advertisement in Publishers Marketplace, addressed to “Macmillan authors/illustrators and the literary agent community.”