Death by Amazon: Historic book publisher Houghton Mifflin Harcourt files for bankruptcy in order...

|By:, SA News Editor

Death by Amazon: Historic book publisher Houghton Mifflin Harcourt files for bankruptcy in order to try to eliminate a whopping $3B in debt. The company made a late bid to jump into the electronic books market with an Amazon (AMZN) publishing deal, but couldn't make headway with the debt it piled up while hardcover book sales plummeted due in large part to the influence of its newfound partner.