Amazon speaks out on Hachette dispute: “We are not optimistic that this will be resolved soon”


As Amazon(s AMZN) and book publisher Hachette continue negotiations that have resulted in Amazon turning off pre-orders and delaying shipments on many Hachette titles, the retailer broke its silence Tuesday with a post (no comments allowed) on its Kindle forums. This comes just in time for BookExpo America, the country’s largest convention for the book industry, which starts Wednesday in New York.

“One of our important suppliers is Hachette, which is part of a $10 billion media conglomerate,” Amazon wrote, in apparent reference to accusations that the retailer is picking on Hachette. The company confirmed that it’s “buying less (print) inventory and ‘safety stock” on titles from the publisher…than we ordinarily do, and [is] no longer taking pre-orders on titles whose publication dates are in the future.”

It looks as if the negotiations are going to drag out for awhile:

“Unfortunately, despite much work from both sides, we have been…

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