Savvy agents have long known the advantages of representing well-established literary estates and now following the diminution of PFD, the gloves are off in London. The Times says: ” No point wasting one’s time with new authors. They’re unpredictable, demanding. They require lunch. No, what any literary agent worth his salt needs in 2008 is a classic author with form: famous, prolific and deceased within the past 70 years. In recent months, the literary estate – the body of work belonging to a dead author – has suddenly and unexpectedly become big business.” As previously reported, Andrew Wylie took over […]