Harry Potter publisher Bloomsbury Publishing on Friday renewed its supply agreement with Amazon, after months of stalled discussions had jeopardised an essential distribution line for the publisher. Concerns around a major deal with Amazon UK falling through grew after the retailer said that it had failed to negotiate new terms for a contract,

Amazon and Bloomsbury Publishing have been selling e-books without an agreement for the past couple of months. This situation came to a head last week when it looked like all Harry Potter books would be pulled from Amazon.

Bloomsbury shares jumped on Friday after the Harry Potter publisher secured a last-minute deal to renew its supply agreement with Amazon.

Harry Potter publisher Bloomsbury Publishing said on Friday it has reached a new long-term supply agreement with Amazon. The publishing house, also known for publishing 'romantasy' novels by American author Sarah J.

Investing.com -- Bloomsbury Publishing (LON: BLPU) on Friday said that it had renewed its distribution agreement with Amazon (NASDAQ: AMZN ), following months of stalled negotiations that had threatened a key supply channel for the company. Shares of the UK-based publishing house was up 2.8% at 06:24 ET (11:24 GMT).

Bloomsbury Publishing announced a new long-term supply agreement with Amazon on Friday, reinforcing its ongoing relationship with the global e-commerce giant.