And how aggressive will Montlake be in pursuing new authors? According to the article:
Another insider said he thinks Amazon will likely start to “acquire big names in the editorial ranks as well as make runs at big authors.” He added: “And I think agents would sell to them, especially since they’ll probably spend big money.” Amazon has proven recently that, for the right author, it is willing to pay a lot. After St. Martin’s Press closed a reported $4 million four-book deal with self-publishing sensation Amanda Hocking, word leaked that Amazon had put in a competitive bid in an attempt to land the author.
Watching this unfold will be interesting.