Recently the Wylie Agency, a large New York literary agency, announced the creation of Odyssey Editions. The Odyssey Editions imprint will feature Wylie's authors' e-books and distribute exclusively through Amazon.
The Authors Guild likes the fact that this deal will give authors higher royalties and dislikes that the deal is exclusive with Amazon.
The big publishers believe the e-book revenue should belong to them. Bookstores see this as one more step toward Amazon taking over the industry.
Here are several articles and web pages on the issue.
What do you think?
New York Times
Literary Agent Plans E-Book Editions By Julie Brosman
Publishers Weekly
Authors Guild
Wylie-Amazon: Publishers Have Largely Brought This on Themselves
American Booksellers Association
Literary Agent's E-Book Publishing Arrangement Sparks Strong Industry Reaction
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