The e-commerce company has made the book publisher a public offer: accept $9.99 e-book prices, and Amazon won't ask for more of each sale.
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The settlement hinges on the success or failure of the company's appeal of a ruling that found it conspired with publishers to fix prices.
The end to a public fight between the publishing industry and the massive e-book distributor could spell relief for authors. It also gives Amazon customers access, finally, to Hachette titles.
Multi-year agreement for sales of physical and electronic books comes amid contentious talks with another book publisher.
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In a letter to readers and authors, the e-commerce giants asks people to email Hachette's CEO saying they want lower e-book prices.
US District Court Judge Denise Cote originally took issue with the settlement because Apple could end up only paying $70 million.
Some of the literary world's biggest names sign a letter opposing the e-commerce company's muscle-flexing with book publisher Hachette.
The monthly subscription service that lets you read an unlimited number of e-books is now available on any desktop or mobile browser.
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