The Wylie Agency has created an imprint called Odyssey Editions that will sell ebook-only backlist editions of its high-end clientele. The deal with Amazon will run for two years and be exclusive. The books will sell for two years and the titles have not been in electronic format before.
Some of the titles include: The Adventures of Augie March by Saul Bellow, The Stories of John Cheever, Invisible Man by Ralph Ellison, The Naked and the Dead by Norman Mailer, Lolita by Vladimir Nabokov, Midnight’s Children by Salman Rushdie, John Updike’s Rabbit series and Fear and Loathing in Las Vegas by Hunter Thompson.
Wylie told the NY Times: “The fact remains that backlist digital rights were not conveyed to publishers, and so there’s an opportunity to do something with those rights.” He added that the terms reached with Amazon were “more favorable” than terms most other larger publishers are offering for e-book rights.
For more info see Shelf Awareness.