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October 17, 2011 08:05 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/YYIF6wAaabw/amazon-bypassing-publishers-by-signing-authors-directly
Amazon Bypassing Publishers By Signing Authors Directly
Hugh Pickens writes "David Streitfeld reports that Amazon is aggressively wooing top authors, gnawing away at the services publishers, critics and agents used to provide. 'Everyone's afraid of Amazon,' says Richard Curtis, a longtime agent who is also an e-book publisher. 'The only really necessary people in the publishing process now are the writer and reader,' adds Russell Grandinetti, one of Amazon's top executives. 'Everyone who stands between those two has both risk and opportunity.' But publishers are fighting back at writers who publish with Amazon. In 2010 Kiana Davenport signed with a division of Penguin for The Chinese Soldier's Daughter, a Civil War love story, and received a $20,000 advance. In the meantime Davenport packaged several award-winning short stories she had written 20 years ago and packaged them in an e-book, Cannibal Nights, available on Amazon. When Penguin found out, it went 'ballistic,' accusing her of breaking her contractual promise to avoid competition, canceling her novel, and suing Davenport to recover her advance. Davenport knows her crime: 'Sleeping with the enemy? Perhaps. But now I know who the enemy is.'"Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/YYIF6wAaabw/amazon-bypassing-publishers-by-signing-authors-directly
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