Book publisher Hachette says working to resolve Amazon dispute

(Reuters) - Hachette said on Wednesday it plans to work to resolve a contract dispute with Amazon after the online retailer said it was preparing for a long battle with the book publisher. Hachette Book Group said in a statement it would "spare no effort to resume normal business relations 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, at the same time that it recognizes Amazon's importance as a retailer and innovator." Details of the row are still unknown but several media reports indicate it is over the pricing of e-books. Amazon posted a statement on Tuesday: "Though we remain hopeful and are working hard to come to a resolution as soon as possible, we are not optimistic that this will be resolved soon." Hachette, the fourth largest book publisher in the United States, is owned by French media group Lagardere . Its CEO Arnaud Nourry said on Wednesday he hopes for an early end to the dispute, adding that it should not affect online sales this year.



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