Authors can't stand up to Amazon but studios can, said Jim Cramer on Wednesday's "Squawk on the Street."
"You can't roll Disney, you can roll individual writers who live off of that money. Writers are powerless against Amazon. Disney is not powerless," Cramer said.
After nearly a two-month dispute during which time the online retailer Amazon had stopped offering Disney DVD's for preorder, the Wall Street Journal reports the two companies are close to settlement.