Richard Lea, (London) Guardian; Wylie's Amazon deal brings the end of the publishing world nigh: News that power-broking agent Andrew Wylie has bypassed conventional publishers to sell his clients' ebooks direct to Amazon has created panic. Is it curtains for conventional publishing?:
"Publishers came face to face with their own vision of apocalypse yesterday, as Andrew Wylie announced that he and his authors would be cutting publishing houses out of the future and teaming up with Amazon to sell their own electronic editions.
Grinning down from the saddle beside him in the first wave of horsemen is a fearsome collection of riders, including Philip Roth, Salman Rushdie, Martin Amis and John Updike. "As the market for ebooks grows, it will be important for readers to have access in ebook format to the best contemporary literature the world has to offer," the agent popularly known as "the Jackal" said, cackling diabolically (I imagine). "This publishing programme is designed to address that need, and to help ebook readers build a digital library of classic contemporary literature."
Odyssey Editions may be launching with just 20 titles, but publishers are hitting back as if their eternal souls depended on it, and you can see why. Slice off the biggest names, the most valuable backlist items from any publisher's list and the business model is up in flames.
This may be nothing but an Armageddon-style negotiating ploy, as Wylie delivers on a warning he gave publishers late last year when Random House claimed existing contracts already gave them control over authors' electronic rights. But if Wylie and his lawyers can make this a success – and you only need to glance at his client list to imagine how – then others are sure to follow. Random House, which publishes Roth, Rushdie and Amis in the UK, has written to Amazon already "disputing their rights to legally sell these titles". It declared Wylie a "direct competitor" and ruled out "entering into any new English-language business agreements with the Wylie Agency until this situation is resolved".
It's the latest battle in a multi-dimensional war over the future of literature as authors, agents and publishers face a horde of technology companies, retailers and libraries, not to mention the pirates, with constantly shifting alliances. As electronic reading devices – the Kindles, the Readers, the iPads, your phone – finally begin to take off, all the old certainties are in flux. Do authors need publishers to take on the might of the retailers, or are publishers part of the problem? Should writers keep their copyrights safely under lock and key, or will that rob them of the chance to take wing?
Once upon a time publishers were the only ones who could find authors, edit manuscripts, print books and distribute them, but new technology from desktop computers to the internet has thrown the doors wide open. As marketing departments have gained the ascendancy over editorial, agents have moved centre stage, filtering submissions and polishing manuscripts. With the messy business of ink and trees and Transit vans receding, Wylie's latest move is simply the logical next step. None of this will worry those publishers who have made a business out of finding the voices others haven't spotted, but in the week when Amazon claimed that ebook sales passed those of hardbacks the questions are unavoidable: who needs big publishers? Are the interests of writers and readers best served by big publishers, or the Jackal?"
http://www.guardian.co.uk/books/booksblog/2010/jul/23/authors-amazon-deal-publishing
Showing posts with label agent Andrew "The Jackal" Wylie. Show all posts
Showing posts with label agent Andrew "The Jackal" Wylie. Show all posts
Sunday, July 25, 2010
Celebrated authors bypass publishing houses to sell ebooks via Amazon; (London) Guardian, 7/22/10
Alison Flood, (London) Guardian; Celebrated authors bypass publishing houses to sell ebooks via Amazon: Discontent over digital royalties prompts Roth, Amis and other leading names to enter into exclusive deal with Odyssey Editions:
"An eye-wateringly stellar list of authors, from Philip Roth to Orhan Pamuk, Martin Amis and John Updike, is bypassing publishers to sell digital editions of books directly to readers, via Amazon.
The brainchild of uber-agent Andrew "The Jackal" Wylie, Odyssey Editions launches today. It offers 20 modern literary classics as ebooks for the first time, exclusively via Amazon.com's Kindle store. The books, all priced at Amazon's usual ebook rate of $9.99, range from Amis's London Fields, Rushdie's Midnight's Children, Roth's Portnoy's Complaint and VS Naipaul's The Enigma of Arrival to titles from the estates of dead authors such as John Updike, William S Burroughs, Saul Bellow and Hunter S Thompson.
The authors all share Wylie as their agent, and the move makes good on his threat last month that, dissatisfied with the terms publishers have been offering for ebooks, he would remove them from the equation.
"We will take our 700 clients, see what rights are not allocated to publishers, and establish a company on their behalf to license those ebook rights directly to someone like Google, Amazon.com, or Apple. It would be another business, set up on parallel tracks to the frontlist book business," he told Harvard Magazine in June.
The exclusive deal with Amazon, which will last for two years, effectively removes other booksellers from the equation as well: modern classics including Vladimir Nabokov's Lolita and Hunter S Thompson's Fear and Loathing in Las Vegas will only be sold through the internet retailer.
"As the market for ebooks grows, it will be important for readers to have access in ebook format to the best contemporary literature the world has to offer," said Wylie, who worked with the UK company Enhanced Editions on the digital project. "This publishing programme is designed to address that need, and to help ebook readers build a digital library of classic contemporary literature."
The move is likely to concern publishers. In December, Random House wrote to agents informing them of its belief that it holds exclusive rights to digital editions of the "vast majority" of its backlist titles, even those acquired before electronic rights were specifically included in contracts. That letter enraged authors, and the Authors Guild issued a statement saying that "publishers acquire only the rights that they bargain for; authors retain rights they have not expressly granted to publishers. E-book rights, under older book contracts, were retained by the authors."
The guild also pointed to a 2001 court ruling, which dismissed Random House's claim that its copyright had been breached when ebook publisher Rosetta Books acquired digital rights in eight novels by the American writers Kurt Vonnegut and William Styron.
But Random House – which publishes physical editions of some of the Odyssey titles – looks set to challenge the new venture. Spokesman Stuart Applebaum said in a statement that the publisher was "disappointed by Mr Wylie's actions".
He continued: "Last night, we sent a letter to Amazon disputing their rights to legally sell these titles, which are subject to active Random House publishing agreements. Upon assessing our business options, we will be taking appropriate action."
Eleven of the Odyssey titles will be available globally, according to Amazon.com. The tension between publishers and authors over ebook rights has also been growing in the UK: earlier this month historian and novelist Tom Holland, chair of the Society of Authors, said that the deals authors were being asked to sign up to for ebooks were "not remotely fair".
The current standard royalty for ebooks in the UK is 25%, but authors believe it should be 50%, as digital editions have lower warehousing and distribution costs.
American literary agent Robert Gottlieb, chairman of the Trident Media Group, said agents were also pushing for better royalty rates in the US. "As of this time, publishers are doing their hardest to hold to the 25%. My view is this is a moving target and, as time goes by and the market place becomes more competitive, publishers will have to negotiate ebook royalties on a case-by-case basis," he said.
Although Gottlieb wished Andrew well in his new venture, he felt that an agent becoming, in effect, a publisher contained "the potential for a conflict of interest with authors and/or estates", and is not contemplating a similar move himself.
Wylie's initiative is not the first time authors have looked to bypass publishers. In December, bestselling business author Stephen Covey announced that he had sold exclusive digital rights in two of his bestselling titles to Amazon, cutting out his traditional publisher Simon & Schuster.
The deal was made via Rosetta Books, which also struck a similar deal in the US for a collection of titles by Ian McEwan. And with Amazon.com offering authors a royalty of 70% for ebooks sold via its Kindle store, the trend only looks set to continue.
Full list of titles published by Odyssey Editions and available on the Kindle:
London Fields by Martin Amis
The Adventures of Augie March by Saul Bellow
Ficciones (Spanish edition) by Jorge Luis Borges
Junky by William Burroughs
The Stories of John Cheever by John Cheever
Invisible Man by Ralph Ellison
Love Medicine by Louise Erdrich
The Naked and the Dead by Norman Mailer
Lolita by Vladimir Nabokov
The Enigma of Arrival by VS Naipaul
The White Castle by Orhan Pamuk
Portnoy's Complaint by Philip Roth
Midnight's Children by Salman Rushdie
The Man Who Mistook His Wife for a Hat by Oliver Sacks
Fear and Loathing in Las Vegas by Hunter S Thompson
Rabbit Run by John Updike
Rabbit Redux by John Updike
Rabbit is Rich by John Updike
Rabbit at Rest by John Updike
Brideshead Revisited by Evelyn Waugh"
http://www.guardian.co.uk/books/2010/jul/22/authors-bypass-publishers-ebooks-amazon
"An eye-wateringly stellar list of authors, from Philip Roth to Orhan Pamuk, Martin Amis and John Updike, is bypassing publishers to sell digital editions of books directly to readers, via Amazon.
The brainchild of uber-agent Andrew "The Jackal" Wylie, Odyssey Editions launches today. It offers 20 modern literary classics as ebooks for the first time, exclusively via Amazon.com's Kindle store. The books, all priced at Amazon's usual ebook rate of $9.99, range from Amis's London Fields, Rushdie's Midnight's Children, Roth's Portnoy's Complaint and VS Naipaul's The Enigma of Arrival to titles from the estates of dead authors such as John Updike, William S Burroughs, Saul Bellow and Hunter S Thompson.
The authors all share Wylie as their agent, and the move makes good on his threat last month that, dissatisfied with the terms publishers have been offering for ebooks, he would remove them from the equation.
"We will take our 700 clients, see what rights are not allocated to publishers, and establish a company on their behalf to license those ebook rights directly to someone like Google, Amazon.com, or Apple. It would be another business, set up on parallel tracks to the frontlist book business," he told Harvard Magazine in June.
The exclusive deal with Amazon, which will last for two years, effectively removes other booksellers from the equation as well: modern classics including Vladimir Nabokov's Lolita and Hunter S Thompson's Fear and Loathing in Las Vegas will only be sold through the internet retailer.
"As the market for ebooks grows, it will be important for readers to have access in ebook format to the best contemporary literature the world has to offer," said Wylie, who worked with the UK company Enhanced Editions on the digital project. "This publishing programme is designed to address that need, and to help ebook readers build a digital library of classic contemporary literature."
The move is likely to concern publishers. In December, Random House wrote to agents informing them of its belief that it holds exclusive rights to digital editions of the "vast majority" of its backlist titles, even those acquired before electronic rights were specifically included in contracts. That letter enraged authors, and the Authors Guild issued a statement saying that "publishers acquire only the rights that they bargain for; authors retain rights they have not expressly granted to publishers. E-book rights, under older book contracts, were retained by the authors."
The guild also pointed to a 2001 court ruling, which dismissed Random House's claim that its copyright had been breached when ebook publisher Rosetta Books acquired digital rights in eight novels by the American writers Kurt Vonnegut and William Styron.
But Random House – which publishes physical editions of some of the Odyssey titles – looks set to challenge the new venture. Spokesman Stuart Applebaum said in a statement that the publisher was "disappointed by Mr Wylie's actions".
He continued: "Last night, we sent a letter to Amazon disputing their rights to legally sell these titles, which are subject to active Random House publishing agreements. Upon assessing our business options, we will be taking appropriate action."
Eleven of the Odyssey titles will be available globally, according to Amazon.com. The tension between publishers and authors over ebook rights has also been growing in the UK: earlier this month historian and novelist Tom Holland, chair of the Society of Authors, said that the deals authors were being asked to sign up to for ebooks were "not remotely fair".
The current standard royalty for ebooks in the UK is 25%, but authors believe it should be 50%, as digital editions have lower warehousing and distribution costs.
American literary agent Robert Gottlieb, chairman of the Trident Media Group, said agents were also pushing for better royalty rates in the US. "As of this time, publishers are doing their hardest to hold to the 25%. My view is this is a moving target and, as time goes by and the market place becomes more competitive, publishers will have to negotiate ebook royalties on a case-by-case basis," he said.
Although Gottlieb wished Andrew well in his new venture, he felt that an agent becoming, in effect, a publisher contained "the potential for a conflict of interest with authors and/or estates", and is not contemplating a similar move himself.
Wylie's initiative is not the first time authors have looked to bypass publishers. In December, bestselling business author Stephen Covey announced that he had sold exclusive digital rights in two of his bestselling titles to Amazon, cutting out his traditional publisher Simon & Schuster.
The deal was made via Rosetta Books, which also struck a similar deal in the US for a collection of titles by Ian McEwan. And with Amazon.com offering authors a royalty of 70% for ebooks sold via its Kindle store, the trend only looks set to continue.
Full list of titles published by Odyssey Editions and available on the Kindle:
London Fields by Martin Amis
The Adventures of Augie March by Saul Bellow
Ficciones (Spanish edition) by Jorge Luis Borges
Junky by William Burroughs
The Stories of John Cheever by John Cheever
Invisible Man by Ralph Ellison
Love Medicine by Louise Erdrich
The Naked and the Dead by Norman Mailer
Lolita by Vladimir Nabokov
The Enigma of Arrival by VS Naipaul
The White Castle by Orhan Pamuk
Portnoy's Complaint by Philip Roth
Midnight's Children by Salman Rushdie
The Man Who Mistook His Wife for a Hat by Oliver Sacks
Fear and Loathing in Las Vegas by Hunter S Thompson
Rabbit Run by John Updike
Rabbit Redux by John Updike
Rabbit is Rich by John Updike
Rabbit at Rest by John Updike
Brideshead Revisited by Evelyn Waugh"
http://www.guardian.co.uk/books/2010/jul/22/authors-bypass-publishers-ebooks-amazon
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