A big move into education, Amazon edges out OverDrive to capture NYC e-book contract
Amazon.com has won a $30 million contract to sell digital textbooks to New York City’s public schools over the next three years, in a deal that could extend an additional three years and be worth a total $65 million.
Under the terms, Amazon would have the right to sell e-books and other content but not devices like Kindles through an internal marketplace site. The e-books will be readable on e-readers, tablets, smartphones, laptops and other devices.
The Wall Street Journal reports that the Panel for Educational Policy approved the three-year contract on Wednesday for the Department of Education, who could spend as much as $4.3 million in the first year of the contract. The deal has the option to be extended an additional two years.…Read More