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Kobo To Follow Amazon and Become Publisher

Amazon announced a couple weeks ago that it was cutting out the middleman by directly signing on 122 titles. Now comes the news that Kobo will turn publisher as well.

American thriller writer Barry Eisler gave up a $500,000 US two-book offer from his long-time publisher to go with Amazon because he expects to make a lot more per copies sold, and also sell more number of copies.

So, instead of chasing literary agents, will aspiring writers have to chase Amazon, Kobo and whoever chooses to jump into the fray?

Get details from this cbc news article.

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