Preliminary results of a survey of 135 US literary agents on ebooks and epublishing have just been released by New York-based Publishing Trends.
"A new business model needs to be invented", commented one agent. "Almost everything in a contract is negotiable, including royalty rates," said another. On the question of agents becoming ebook publishers, one agent said that in 25 years' time that's what literary agencies would be and that "publishers" as the term is now understood wouldn't exist.
Carried out by the Idea Logical Company and Market Partners International, the survey will be discussed by a panel chaired by Mike Shatzkin and Constance Sayre at Digital Book World, New York, on 26 January.
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