Showing posts with label Amazon. Show all posts
Showing posts with label Amazon. Show all posts

Monday, October 17, 2011

"Everyone's Afraid of Amazon"

Hey authors:
Jeff Bezos has a fistful of book-dollars.
If you missed this morning's New York Times article, click here to read about how Amazon is set to shake up the publishing industry. Remember, oh, a decade or so ago, how music execs were throwing hissyfits over downloadable songs? Predicting the end of the world as we knew it? Something similar is happening in publishing: Amazon is now signing fiction and nonfiction authors directly -- bypassing agents and publishing houses. And thereby putting itself in direct competition with the the same booksellers it's promoting. Authors who've been dissed by New York publishing houses are now invited to show the established industry their hiney.

The Times article left some unanswered questions.