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Hachette’s Chief at Front Lines in Fight With Amazon Over E-Books

“As a young book editor at Little, Brown & Company in 1992, Michael Pietsch paid $80,000 — $45,000 more than the next-highest bidder — for a postmodern novel by a little-known writer named David Foster Wallace. He spent years urging Mr. Wallace to cut hundreds of pages from the sprawling manuscript and impose at least some structure on the disparate plot strands. The book, Infinite Jestwas finally published in 1996 and became an instant literary sensation. (

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