virtualDavis

Super agent Andrew Wylie has retreated, regrouped and/or renegotiated in his struggle with Random House over ebook rights. After Wylie announced that he would bypass the Big Six publisher by selling his author’s digital work directly to consumers through Amazon.com’s Kindle store, new and old media debates raged. Was this the final nail in the coffin for traditional publishing? Did the authors support Wylie’s bold move? Could he even follow through? Lines were drawn and opinions flared. Much attention was drawn to the plight and future of publishing, but the final verdict is still out. It’s too early to understand Wylie’s decision, but the detente is likely fragile and short lived.

Random House, which publishes 13 of the books in physical format, was outraged at the development and promptly issued a statement announcing that it would not enter any new English-language business agreements with the Wylie Agency – home to 700 authors and estates – until the situation was resolved… A joint statement issued [two days ago] by the publisher and the Wylie Agency said the two parties had “resolved [their] differences”, and that the 13 “disputed” Random House titles… were being removed from Odyssey Editions and taken off sale.

“We have agreed that Random House shall be the exclusive ebook publisher of these titles for those territories in which Random House US controls their rights,” said the joint statement. “The titles soon will be available for sale on a non-exclusive basis through all of Random House’s current ebook customers. Random House is resuming normal business relations with the Wylie Agency for English-language manuscript submissions and potential acquisitions, and we both are glad to be able to put this matter behind us.” (“Truce called in battle over ebook rights” via The Guardian)

Related articles

• Wylie’s Amazon deal brings the end of the publishing world nigh (guardian.co.uk)
• Andrew Wylie, Literary Agent, Plans E-Books (nytimes.com)

Agent Andrew Wylie is threatening to bypass publishers and license his authors’ e-book rights directly to Google, Amazon or Apple because he is unhappy with publishers terms. In an interview with Harvard Magazine, Wylie said the agency’s negotiations with publishers on e-books were currently on hold across the board.

“We will take our 700 clients, see what rights are not allocated to publishers, and establish a company on their behalf to license those e-book rights directly to someone like Google, Amazon.com or Apple. It would be another business, set up on parallel tracks to the frontlist book business,” Wylie said.

Such a “heretical strategy” would likely meet with stiff resistance from publishing houses, the piece notes in response. The Wylie Agency’s stellar list includes authors Martin Amis, Philip Roth and Salman Rushdie, as well as the estates of giants including Italo Calvino, Arthur Miller, Vladimir Nabokov and John Updike.

Wylie also takes issue with the deals publishers are making with Apple, which he says are similar to those entered into by music publishers. “The music industry did itself in by taking its profitability and allocating it to device holders. Manufacturing and distribution accounted for roughly 30 percent of the music industry’s profit. These were conveyed to Apple in the deal for iTunes. But why should someone who makes a machine—the iPod, which is the contemporary equivalent of a jukebox—take all the profit?” (The Bookseller.com)

Related articles

• Andrew Wylie, Literary Agent, Plans E-Books (nytimes.com)