Not surprisingly, e-book publishers have been in the vanguard of offering new terms to authors, often as a way of competing against established print houses. In a manifesto on his blog, Richard Nash, the former publisher of print indie Soft Skull, laid out his own version of the change principle: “The publishing industry is...
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Royalties
Rethinking Contracts and Copyrights – Free Webcast
Amazon’s Royalties Come With Unacceptable Strings Attached
Peter Brantley wrote last week about Amazon’s “gift” to authors — the promise of a 70% royalty — and how it comes with unacceptable strings attached. This week, Brantley has been backed up by the Society for Scholarly Publishing. Joseph Esposito, writing on The Scholarly Kitchen, says: “Under the Amazon plan, the publisher or...
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From Random House/Wylie Detente, a New Royalty Rate Emerges
News that Random House had “won” its showdown with The Wylie Agency, over the inclusion of titles by RH authors in Wylie’s backlist digital publishing imprint Odyssey Editions, spread quickly through publishing circles last week, after joint statement released by Random House and Wylie. The statement said that Random House will now be the...
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Amazon DTP, e-books, and Royalty Calculation
More news from the GigaOM summit on “Disintermediation in Publishing” which is sure to have an impact on rights and royalties. In addition to the paradigm-shifting technology we mentioned earlier, real debate is taking place on complaints from authors about royalty options and pricing policies relating to major retailers. Peter Brantley attended the conference...
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Are There Technical Solutions to Problems in the Printing Industry?
Debate on how technology will impact the role of the literary agent is taking place at the annual GigaOM Pro Bunker Series. Particularly interesting from a rights and royalties perspective is the potential for disintermediation in publishing. “We publish a lot of….dreck. I’m actually really proud of that because it should not be the...
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Beijing Book Fair – Will Western Publishers Profit in China?
The Beijing International Book Fair, which runs through September 3rd, is attracting an increasingly global audience, as the Chinese book market continues to boom. Two questions are most relevant this year: What will happen with the e-book market in China (sales of ebooks and digital products hit 80 billion RMB ($11.8 billion) in 2009...
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Shatzkin on Royalty Math
Mike Shatzkin‘s run the numbers comparing e-book royalties to hardcovers, to trade paperbacks, and to mass-market paperbacks, and how they work out under both the wholesale and the agency models (with the author getting 25% of net and with the author getting 40% of net). By Shatzkin’s admission, this is a “just the facts,...
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Wylie and Random House Ceasefire
In news that will have broad implications in e-book rights, Andrew Wylie and Random House have “resolved their differences,” according to a joint statement from Mr Wylie and Markus Dohle, Random House’s chairman and chief executive. The feud began when the powerful literary agent announced plans to issue 13 titles as e-books exclusively through...
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Learn Business Management – POW!!!
Students at Texas Tech University are learning the fundamentals of business management from Atlas Black. Atlas is a 20-something, a bit of a slacker – and he’s a character in a comic book. Professor Jeremy Short co-wrote a series of graphic novels, which he’s been using instead of textbooks in his business classes, to...
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Seth Godin Abandons Print for e-books
Bestelling author Seth Godin announced over the weekend that his book Linchpin is the last one he will publish in the traditional way. In an upcoming Mediabistro interview, Godin says “I’ve decided not to publish any more books in the traditional way….I like the people, but I can’t abide the long wait, the filters,...
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