Publisher and former Conservative Party politician Iain Dale has hit out at the big booksellers, including W H Smith, Waterstones and Amazon, saying they have publishers “over a barrel”. Speaking at the Independent Publishers Guild conference this morning (7th March) Dale also repeated a call he made ten years ago to abolish “sale or return”.
Dale, founder of the political publisher Biteback Publishing, reserved his harshest criticism for W H Smith, which he said was “very willing to take publishers’ money and sell no books in return”.
He added: “Whenever I have done business with W H Smith they demand a large “marketing fee”—some might call it the book trade industry of protection money— to place our books in their stores.
Click here to read the rest of this story