[This was a quick, preliminary version of this story. See our far more comprehensive, updated version here] Following a stream of public criticism from authors — starting with James Patterson, Malcolm Gladwell and Stephen Colbert but then spreading to many of the best-known authors in the business through the Douglas Preston-driven open letter — Amazon has “floated” to a set of agents a proposal that would reward authors better than ever on ebook sales (and therefore only punish Hachette). The hypothetical proposal from David Naggar at Amazon, which amazingly found its way in letter form to both the WSJ and the NYT at […]
