Although it's perfectly understandable, from both entities' point of view, to want the terms of the agreement kept secret ... part of me feels as if they owe it to the public, whom each side marshaled in support of their positions -- Amazon at http://www.readersunited.com and Hachette at http://authorsunited.net -- to let us know what the resolution was.
True, the Times article broadly describes what each side agreed to, but since we don't know how much money changed hands, or what other concessions were involved, we don't really know whether it was a victory for Amazon or Hachette. Both sides say they're satisfied, but there may be gritted teeth.
As an author (though published by one of Hachette's competitors), I sure would like to know whether this agreement will set a painful precedent for other publishers.
True, the Times article broadly describes what each side agreed to, but since we don't know how much money changed hands, or what other concessions were involved, we don't really know whether it was a victory for Amazon or Hachette. Both sides say they're satisfied, but there may be gritted teeth.
As an author (though published by one of Hachette's competitors), I sure would like to know whether this agreement will set a painful precedent for other publishers.