Amazon and S&S Agree Terms. Who’s The Bad Guy Again?

Simon & Schuster has agreed a multi-year deal with Amazon covering both e-books and print books.Business Insider reported that negotiations only took three weeks and were concluded two months before the original contract expired.

I’m confused, does this mean the end of literary culture or not?Someone needs to run up to Douglas Preston’s quaint writer shack to find out. (If you get lost, it’s at the back of his 400-acre estate).

It also begs a question: what exactly is Hachette holding out for?...