Amazon snags exclusive deal for e-editions
July 22, 2010(AP) -- Amazon.com Inc. said Thursday it has struck a deal that will give it exclusive rights to sell some of the great works of 20th century literature in electronic form.
An agreement with The Wylie Agency gives Amazon exclusive rights for two years to sell e-book versions of novels including Saul Bellow's "The Adventures of Augie March" and Philip Roth's "Portnoy's Complaint" among others.
Amazon says it is the first time any of these books have been available for electronic readers. They are being published under a new imprint from Wylie called Odyssey Editions.
The deal comes as Amazon's Kindle reader races to keep its dominant position in the e-reader market.
It faces competition from a slew of similar dedicated reading devices available from Sony Corp. and Barnes & Noble Inc. as well as Apple Inc.'s new iPad.
Amazon said the new titles are on sale for $9.99 each.
©2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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The end result of the disparity between corporate ideas of worth and consumer response to the imposed pricing will be widespread piracy. Ho hum - publishers have STILL! not learned from the experience of music makers and film makers that the windfall ability to convert pictures/audio/video to to a distribution format with zero costs does not necessarily translate into massive profits with zero overheads...
They are fools but predictable fools... in an age when the contents of a Library of Congress fits on an average laptop... It will... like it or not