The Authors Guild has spoken out against Amazon’s Lending Library, arguing that Amazon’s contracts with publishers cover only the sale of books, not lending or giveaways. For additional background on this issue, here’s my November 3 post with several links. The Guild may have a point here, and urges its authors to contact their agents and publishers.
In the “good news” category, however, we have Ann Patchett’s new independent bookstore, Parnassus Books, opening soon in Nashville, TN. The most recent NYT article notes that small, independent bookstores compete “where Amazon cannot: by being small and sleek, with personal service, intimate author events and a carefully chosen rotation of books” (including e-books). Best of luck to Ann, her business partner Karen Hayes, and Parnassus Books!