On Stephen Covey's Digital Rights Deal with Amazon
Some of the biggest eBook news this week–after the fallout from Random House’s rights grab–is the announcement that Stephen R. Covey, author of The 7 Habits of Highly Effective People, and Principal-Centered Leadership, is handing over the eBook rights to those titles directly to Amazon, bypassing his publisher, Simon & Schuster. They are already on sale in the Kindle Store for $7.99.
Given that 7 Habits was first published 20 years ago (before eBook rights were part of standard book contracts), Covey’s decision to go direct to Amazon could set a frightening precedent for big publishers, who may find themselves sympathizing with Random House’s decision to try to grab at all the rights they can.
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