Well, That’s Interesting…
Amazon has just signed a contract with Dean Koontz to publish Koontz’s books.
Apparently Amazon has been looking into direct contracts with major authors for some time, but now they have the oomph and distribution power to match [and exceed] what Traditional Publishers have offered.
So, if more major names sign straight to Amazon, will TradPub start offering better contracts to potential Big Names? Or will reversion clauses and other rights-returns disappear all-together and we see greater limits on use of author names.
For those interested in the TradPub option, and in the publishing business in general, it will be interesting to see if the ‘Zon signs up more Big Names before the end of the year, and what the response from the rest of the industry is.