Amazon Signs Up Authors, Writing Publishers Out of Deal

This article in The New York Times (@nytimes) says, “Amazon.com (@amazon), the online retailer, has long competed with bookstores; now it's starting to make deals with authors, bypassing the traditional publisher.”

Amazon will publish 122 books this fall in an array of genres, in both physical and ebook form. It is a striking acceleration of the retailer’s fledging publishing program that will place Amazon squarely in competition with the New York houses that are also its most prominent suppliers….

“Everyone’s afraid of Amazon,” said Richard Curtis, a longtime agent who is also an ebook publisher. “If you’re a bookstore, Amazon has been in competition with you for some time. If you’re a publisher, one day you wake up and Amazon is competing with you too. And if you’re an agent, Amazon may be stealing your lunch because it is offering authors the opportunity to publish directly and cut you out."

Read the full article.

Also see International Business Times (@ibtimesnews), “5 Reasons Kindle Fire Tablet May Kill Barnes & Noble.”