Exclusive: Amazon Signs Indie Author Lia Fairchild

Amazon’s newer imprints have been getting all the press lately, but today, AmazonEncore has announced the signing of indie author Lia Fairchild. Her debut novel In Search of Lucy will be re-released next Spring in both paper and digital formats with a spiffy new cover, and – most importantly – that much-coveted marketing push. AmazonEncore was the company’s first foray into publishing in 2009, albeit on a smaller scale than we are seeing with the new imprints. Their mission has been to “unearth exceptional books and emerging authors” and over the past two years, they have published work from authors such as Christopher Herz, Stephen Leather, Joe Konrath, and Karen McQuestion. Here’s the official announcement:

Amazon Rakes In More Cash, And Spends It Wisely

Amazon announced its Q2 results yesterday, and the growth was stunning – net sales were up 51% on 2010, topping out at $9.91bn for the three month period ending June 30. Founder and CEO Jeff Bezos said that “low prices, expanding selection, fast delivery and innovation are driving the fastest growth we’ve seen in over a decade.” He also noted that the Kindle 3G with Special Offers (priced at $139) quickly became their bestselling Kindle. As usual, no exact numbers were given. Those deep pockets just keep getting deeper. But what are they doing with the money? Despite this staggering growth, profits are down 8% on the same period last year. Why? Some of the details from Amazon’s press release Read More…