Amazon has moved aggressively into publishing over the last year, signing major writers including bestselling self-help author Timothy Ferriss and actress and director Penny Marshall – the Marshall deal for $800,000 (£500,000), according to reports – and launching a phalanx of new imprints covering everything from romance to science fiction, each move a further blow to an increasingly nervous community of traditional publishers. This summer it hired former chief executive of the Time Warner Book Group Larry Kirshbaum to run its New York imprint, and Kirshbaum has now clinched a deal for a memoir from Chopra, author of bestselling self-help titles ranging from The Ultimate Happiness Prescription: 7 Keys to Joy and Enlightenment to The Seven Spiritual Laws of Success.
Sold for a sum reported to be higher than $500,000, Chopra and his medical professor brother Sanjiv Chopra's Brotherhood: A Tale of Faith, Big Dreams and the Power of Persistence will tell how the pair arrived in the US in the 70s with no money, looking at how they fulfilled their dreams today. Literary agent Robert Gottlieb, who negotiated the deal, called it "a game-changer for the publishing industry".
Copyright 2011 AmSAW