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Amazon Signs Multiyear Book Deal With Publisher Simon & Schuster

Updated on Inc. and publisher Simon & Schuster have agreed to a multiyear deal for the sale of print and digital books, the companies said.

While the specifics of the agreement weren’t disclosed in a letter that the publisher sent to authors yesterday, Simon & Schuster Chief Executive Officer Carolyn Reidy said the deal “maintains the author’s share of income generated from e-book sales.” The accord gives Simon & Schuster control of digital-book pricing and also provides “flexibility to deliver great prices for readers.”