BREAKING: The stand-off between Random House and lit agent Andrew Wylie is over, and it looks like the agent has blinked. Here is the statement just issued by Wylie and Markus Dohle, Random House chairman/CEO. You’ll recall that RH disclosed it would view Wylie as a competitor and freeze him out after the agent formed Odyssey Editions to publish e-books of the authors whose estates he reps.
The Wylie Agency – Random House Joint Press Statement
August 24, 2010
“We are pleased to announce that The Wylie Agency and Random House have resolved our differences over the disputed Random House titles which have been included in the Odyssey Editions e-book publishing program. These titles are being removed from that program and taken off-sale. We have agreed that Random House shall be the exclusive e-book publisher of these titles for those territories in which Random House U.S. controls their rights. The titles soon will be available for sale on a non-exclusive basis through all of Random House’s current e-book customers. Random House is resuming normal business relations with the Wylie Agency for English-language manuscript submissions and potential acquisitions, and we both are glad to be able to put this matter behind us.”
— Markus Dohle, Chairman & CEO, Random House
Andrew Wylie, President, The Wylie Agency LLC