Well, Covey will get all the money his books generate in this scenario. He doesn't take royalties as he would with a conventional publisher. The question is, do all Covey's readers have an e-reader, or will they go out and get one now that Covey is exclusively publishing in this format?
I wanted to listen to Bob Dylan's XM radio program, but not enough to buy an XM radio. I'll wait until the programs are released on CD. A few have been.
Patrick King
--- On Wed, 12/16/09, davezeltserman <Dave.Zeltserman@gmail.com> wrote:
From: davezeltserman <Dave.Zeltserman@gmail.com>
Subject: RARA-AVIS: possibly the biggest publishing story of the year
To: rara-avis-l@yahoogroups.com
Date: Wednesday, December 16, 2009, 5:34 PM
http://www.thetechh erald.com/ article.php/ 200951/4953/ Amazon-secures- Kindle-exclusivi ty-with-bestsell ing-author- Stephen-R- Covey
The ramifications for this are enormous. A mega-bestselling writer signing an exclusive deal with amazon/kindle. It's sure looking like the publishers of the future aren't going to be Random House, Knopf, Simon & Shuster, Little Brown, etc., but amazon/kindle, bn.com, Walmart, Target, etc.
--Dave
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