Penguin Random House and Amazon have settled the terms of their negotiations and inked a new agreement.
Neither company would comment on the contract, which covers print and e-book sales in the U.S. and the U.K. The Wall Street Journal has the scoop:
Amazon, in a statement, described the pacts as “long-term agreements.”
Penguin Random House, which is majority owned by Bertelsmann SE & Co., said in a statement that “we are still in business with Amazon, and with all our retail partners, and will continue to be.”
