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Amazon inks deal with book publisher Simon & Schuster, gets ammo in Hachette fight

Amazon continues to solidify its grip over books sales. As first reported yesterday by Business Insider, the online retail giant has signed a multi-year pact to sell new paper books and ebooks from CBS-owned Simon & Schuster, one of the largest publishing companies in the world. The full terms of the deal haven’t been disclosed, but it puts an end to months of difficult negotiations and ensures that Simon & Schuster book titles will be prominently promoted on Amazon’s website, according to The Wall Street Journal. Simon & Schuster touted the deal as a victory for its authors in a letter it sent them, noting that it preserves the authors’ share of ebook sales going forward. But the deal is perhaps most strategically advantageous for…

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