About an hour ago, PC World reported that author Stephen R. Covey (author of The Seven Habits of Highly Effective People) has signed an exclusive deal with our potential future overlord, Amazon, for several of his books. Now, proprietary titles are not a new idea—many of the major chains have sold proprietary versions of publishers' books for years—but this is (at least, to my knowledge) the first time a major author has cut the publishing house out of the equation entirely and signed directly with the vendor.
So, prithee, inform me: do you think this is the future of book publishing? Will houses fall by the wayside as the court of public opinion determines what should be published, and vendors sign with those authors accordingly? Where will agents and editors figure in all this? And, most importantly: what of the authors?
To the comments with you!