Amazon and Warner Bros. reach truce over movie pricing

Everything is awesome between Amazon and Warner Bros.

Well, that didn’t last long. A couple of weeks after Amazon stopped taking pre-orders for Warner Bros. Blu-ray and DVD movies to extract a better pricing arrangement, the Wall Street Journal is reporting that the two sides have reached a truce. Swing by Amazon and you’ll once again find pre-orders for disc-based versions of The Lego Movie, Transcendence and other upcoming releases. The exact nature of the deal is hush-hush, but it wouldn’t be shocking if Amazon got the upper hand — movies are just a small part of the online retail giant’s business, while Warner Bros. would lose an important source of revenue. Whether or not you approve of Amazon’s tactics, this is good news if you prefer hard copies of movies over downloads and streams. Now if Amazon and Hachette could only negotiate their own peace regarding books…

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Source: Wall Street Journal

Source: Engadget - Read the full article here

Author: Daily Tech Whip

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