Amazon's Publishing Gambit

Today's front page of the New York Times offers an updated look at the "striking acceleration" of Amazon's publishing program, which will release 122 books this fall in various formats, and announced last week that it had signed a reported $800,000 deal to publish a memoir by actress and director Penny Marshall.  

"Everyone's afraid of Amazon," said agent and e-book publisher Richard Curtis. "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. It's an old strategy: divide and conquer."

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