Is Amazon now becoming a publishing house and competing with traditional publishers with their latest addition?
This appears to be the case. Apparently Amazon has set up a flagship line run by publishing veteren, Laurence Kirshbaum, to bring out brand-name fiction and non-fiction, according to a New York Times article. Amazon has already signed its first deal AND also paid actress/director Penny Marshall $800,000 to publish her memoir. Another self-pub author's, Laurel Saville, book is scheduled to be published by Amazon next month.
You can read the full article here: http://www.nytimes.com/2011/10/17/technology/amazon-rewrites-the-rules-of-book-publishing.html?pagewanted=all
The news definitely changes the playing field quite a bit. For some, this is great news...for others, not so much.
Where do you weigh in?
God Bless!
T Denise Clary
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