Amazon Signing Authors Directly – Cutting Out The Publisher
After years of turning the traditional brick-and-mortar bookstore business on its head, online retail giantAmazon is now taking aim at the publishing business by getting writers to ditch their publishers in favor of Amazon.
The company is scheduled to publish 122 books this fall in print and e-book form, according to a report from the New York Times. The move puts Amazon in more direct competition with some of its largest suppliers, like Penguin, Random House and MacMillan. Read full story here.
- Amazon Signs Up Authors, Writing Publishers Out of Deal (nytimes.com)