Friday, July 23, 2010
There was a huge announcement yesterday from U.S. mega-literary agent, Andrew Wylie, who will be launching an ebook imprint called Odyssey Editions. Odyssey editions will serve as an ebook publisher for Wylie's clients. No big deal, right? Wrong! Have a quick peek at some of Wylie's clients who'll be using the service:
'Odyssey Editions will begin modestly, with 20 titles that have never been available in e-book format. Among them are “Invisible Man” by Ralph Ellison, “The Naked and the Dead” by Norman Mailer, “Midnight’s Children” by Salman Rushdie, “Lolita” by Vladimir Nabokov and “Fear and Loathing in Las Vegas,” by Hunter S. Thompson.'
Those aren't exactly literary upstarts. More importantly, these ebook editions will actually be competing against the hardcopies produced by the publishers of these authors. The profits from the ebook sales will go to Wylie and his authors, meaning the publishers just got cut out of the ebook equation by (arguably) the world’s most important literary agency. Yikes!
Posted by Emmett Stinson at 12:20 PM