Friday, July 23, 2010

Macmillan CEO shits himself over Amazon-Wylie e-book publishing deal

After being silent for more than four months, Macmillan CEO John “Silver Spoon” Sargent finally has something to say over at Macmillan Speaks, the publishing behemoth’s official corporate blog. In short, Sargent shits himself over the recently announced landmark e-book publishing deal between internet retailer Amazon and the firm of literary agent Andrew Wylie, arguing that the deal will be “damaging to the whole book community: authors, agents, publishers, and readers.” In other words, Sargent fears that the deal will further undermine Big Publishing’s antiquated business model.

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