Biz: Publishers freak out because Amazon’s cutting into their territory
- cause Amazon, with its growing clout as an e-book outlet and ability to work around the traditional system, has made significant inroads as a publisher of books, with at least one bestseller to its name. They will publish 122 books this fall in electronic and physical form.
- reaction Large publishers and agents are starting to freak out. In one case, Hawaiian writer Kiana Davenport angered the publisher of a forthcoming book and got sued because she dared use Amazon to self-publish an old anthology no publisher wanted. source