Authors Guild president Scott Turow has praised Random House’s announcement last week that it is adopting an agency model for selling e-books. "Book retailers have faced extraordinary challenges in recent years," he wrote, "a double whammy of recession and a shift to digital books that had cut many stores out. For anyone who loves bookstores, this is the best news out of the publishing industry in a long time. Random House's move may prove to be a lifeline for some bookstores."

Read Turow’s entire statement here.