Jeff Bezos has a fistful of book-dollars.
The Times article left some unanswered questions.
How much editorial love are authors getting from Amazon? The "editorial once over" one author mentions doesn't sound like more than a copyedit. It'll be interesting to see what the quality of these unagented, minimally edited (?), books turns out to be. And secondly, if authors are signing with Amazon directly, sans agent, who's watching their backs? Amazon's policies appear both more transparent (authors get access to stats about how and where their books are selling) and more secretive (authors may be cut out of the loop with publicity and marketing planning). One presumes authors will have to negotiate the legal and financial thickets of their careers on their own.
At any rate, it looks like a stranger has just ridden into town. Sheriff better get his posse organized. Thoughts?