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Should literary agents be afraid of Amazon?

While Amazon is keeping quiet about the meetings it held last week with top U.S. agents, several commentators have begun to speculate about their significance. Crain’s reports that the talks were “freewheeling, frank, and contentious,” with e-books and aggressive discounting being the main topics under discussion. Meanwhile, MobyLives comments that the meetings are “one of the first signs that major agents are worried about the survival of the current system of author advances and royalties.”

Taking the argument one step further, GalleyCat asks the provocative question, “Literary agents … Who needs them?”

One published author who asks to be unnamed disagrees [that agents still serve a useful purpose], “What do you need an agent for anymore, really? Why? To negotiate a meager advance? You can’t get them on the phone anyway. You’re stuck promoting the book yourself because publishers don’t put any marketing dollars into your book unless you’re John Grisham. I don’t see the whole point when I can hire an attorney to negotiate my publishing contract for a flat fee or just upload the book to Kindle myself.”

  • http://www.antellus.com/ T. Moore

    As a writer who was frequently rejected by agents because a) my books did not meet their needs for their covered markets and b) they did not have the time or the inclination to read my proposals, I turned to self-publishing as a means to meet my ends. So now, agents are nought but a superfluous and unnecessary appendage. I learned that since publishers do not contribute to the success of their own products I might as well do it all myself, and while book sales have fallen off in the market over the last few months, I still have the potential to reach my readers through ebooks. There will still be authors in search of agents, but until the agents learn not to specialize so much there will be a dearth of good literature on the market. Too often I have seen lists of agents willing to see authors but will not entertain offers from the most popular genres in demand. And right now nonfiction sells better than fiction. If you close the doors to some, you are closing the doors to all. The author an agent supports may turn out the next bestseller, but until the agent recognizes that there is no motivation to switch.

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