This post in retailwire discusses how the high-popular author Stephen Covey has given Amazon.com the exclusive e-book rights to two of his most popular titles. Musical artists have long partnered with big retailers to help increase music downloads and sales of their units, but this is a first in electronic publishing.
Amazon.com has offered Stephen Covey a royalty rate double that he would normally receive through the publisher. Is this the new route for popular authors? Will we see less book publishers in the future?
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