Could Publishers and Agents Agree on a Flat Royalty Rate?
publishersweekly.com – Saturday June 4, 2016
Since e-books became a crucial source of revenue for publishers six years ago, the royalty rate on the format has been an ongoing bone of contention between authors (and their agents) and publishers. While authors and agents have stood firm on their position that the standard rate of 25% (which refers to the percentage of net profits authors receive on e-books sold) must change, publishers haven’t budged. Could a flat royalty system, in which one rate is used across formats, be a solution? Though some industry members believe a single rate could simplify a complicated royalty structure, agents said the move wouldn’t address the real problem: authors being shortchanged on the profits from their e-books.
How a High School Student Wrote and Published a Book at Age 16
huffingtonpost.com – Friday June 3, 2016
Deep Patel wrote and published a business book called A Paperboy’s Fable at age 16.
He reached out to me a year ago to provide him with a blurb for his book. After reading this inspirational allegory about achieving success through creativity and hard work, which includes interviews with such luminaries as General David Petreaus and many CEOs and entrepreneurs, I was happy to help out the young author in any way that I could.
Inpress seeks to reassure poetry publishers on PBS
thebookseller.com – Friday June 3, 2016
Inpress has insisted the services offered by the Poetry Book Society are "very much alive" following the corporate entity's move into liquidation, and that Inpress will be "powering up rather than winding down its activities".
Yesterday (3rd June) PBS announced it had gone into liquidation, and that its book club and the prestigious T S Eliot Prize would be transferred to Inpress and the T S Eliot Foundation respectively.
Literary Agents Database upgraded
firstwriter.com – Friday June 3, 2016
Following the upgrades to the Magazines Database and Publishers Database in April and May, this month the Literary Agents database has now also been upgraded.
The new-look Literary Agents Database features the same enhancements to the search, navigation, and listings as was introduced for the Magazines and Publishers Databases, making finding the right literary agent for your work easier than ever.
For full details of all the new features, see the news item on the launch of the Magazines Database at https://www.firstwriter.com/news/?New-Magazines-Database-launched&GUID=584
To try out the new database yourself (anyone can try it out – you don't need to be a subscriber), go to https://www.firstwriter.com/Agents/
Book industry unites against Productivity Commission changes to copyright rules
smh.com.au – Wednesday June 1, 2016
The peak bodies representing book publishers, authors, printers, literary agents, children's book writers and booksellers have come together for the first time to oppose calls to scrap certain copyright protections.
Tom Hiddleston hits right note at 500 Words creative writing final
dailymail.co.uk – Friday May 27, 2016
Tom Hiddleston performed a song from his first acting role as Toad Of Toad Hall as he was joined by the Duchess of Cornwall to honour winners of a children's creative writing competition.
He treated the finalists of Radio 2's 500 Words short story competition to a brief rendition of "Beep beep crackle bang" on stage at Shakespeare's Globe after telling host Chris Evans that Wind In The Willows was the first school play he was in.
After Evans asked for a performance, the star of The Night Manager said: "I walked right into that one" before launching into: "Crackle bang, crackle bang, like a a vintage car, hey!"
Big Publishing is Not as Big Anymore
flavorwire.com – Monday May 23, 2016
Books by self-publishers and small presses are eating the Big Four's market share.
According to Publisher’s Weekly, a report by the Association of American Publishers’ shows that overall publishing industry sales fell by 2.6% last year when compared to figures from 2014. Now that we have a clearer picture of the industry’s struggles in 2015, we can tell that sales declined in five of the seven major markets. The only industry segments to show improvement, in fact, were adult books and books from religious presses, which increased sales by 2.2% and 1.2% respectively. Overall industry revenue fell from $15.82 billion in 2014 to $15.41 billion in 2015.
Job Zone: Editorial Assistant, Peter Lang Publishing
publishersweekly.com – Friday May 20, 2016
Peter Lang is seeking an energetic, highly organized, and independently motivated individual to support our publishing program as a full-time editorial assistant in our New York office. This assistant will be supporting three acquisitions editors in the disciplines of Education, Media Studies, and Cultural Studies/History/Literature.
Staff Pick: ‘Literary Publishing in the Twenty-First Century’ edited by Kurowski, Miller and Prufer
publishersweekly.com – Friday May 20, 2016
Literary Publishing in the Twenty-First Century is an unusual anthology. It’s a collection of 20 essay by literary tastemakers, publishers, writers, and what might be called “thought-leaders” about the ways publishing has changed since the turn of the millennium. It has been, as you’ll recall, a big sixteen years, with the rise of Amazon, the economic downturn, the closure of many, many bookstores, the popularization of e-books, and much more. These are all topics we’ve been discussing and debating within the book biz for years, and covering here at Publishers Weekly. But this isn’t a book about that discussion, exactly; it’s about that discussion from a particular perspective: that of the “literary” publisher, writer, and reader.
YA Authors Sound Off on Plotting vs. 'Pantsing' and Other Writing Concerns
publishersweekly.com – Wednesday May 18, 2016
YA authors John Corey Whaley, Sabaa Tahir, Jennifer Niven, and David Arnold dished about their research techniques, thoughts on social media, and preference for plotting vs. “pantsing” (as in writing by the seat of their pants) during a Q&A held at the Book Stall in Winnetka, Ill., on Friday night, May 13.
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