"The only really necessary people in the publishing process now are the writer and reader. Everyone..."

"The only really necessary people in the publishing process now are the writer and reader. Everyone who stands between those two has both risk and opportunity"

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Amazon.com executive RUSSELL GRANDINETTI, on the e-tailing giant's foray into book publishing.  It will release 122 titles this fall, including a memoir by Penny Marshall for which it reportedly paid $800,000.

I'd love to get a take on this from traditional book publishers, some of which are right here on Tumblr.

(via inothernews)