RSS

Category Archives: Publishing Contracts

A Reason to Cut Royalties in Half?

.

Amazon is stepping up its efforts to acquire rights to author’s book content. Just recently Amazon bought world rights to two books by UK romantic comedy novelist Matt Dunn, in a deal signed directly with the author. A Day at the Office,  originally self-published, had reached the Top 10 in the Kindle book chart.

Also in the UK this week, Amazon’s new Thomas & Mercer, a thriller and mystery press, made its first acquisition with two self-published works from Mel Sherratt, Taunting the Dead and Watching Over You.

However, Aubrey Rose, an Erotic Romance author, turned down Amazon’s publishing deal. She wrote on her blog: “I Just Turned Down a Publishing Deal with Amazon.”

.

Me-Cinderella“They offered me $5k, with 35% royalties only. My book is already published, and they said they would just transfer it over in October. They were firm on the cover being theirs, something to do with rights.
I sent them a link to the stock photo of my model, but they wouldn’t guarantee me approval power, and some of their covers were so bad I got worried.
I guess the agent stumbled across it, because I did not submit it anywhere, just got an email from them out of nowhere. At first I thought it was spam, ha ha.”

Literary Agent
“The one really nice thing about this was that I was able to get in contact with an agent from the Knight Agency, and she gave me some good, honest advice about what I could expect if I shopped the book around.  Also she read a few chapters of my book and liked it, and said I could send her the next one I wrote – new adult is apparently a hard genre to shop around to traditional publishers, unless you have a ton of sales already, since it is such a new category.

Offer was not favorable
Aubrey Rose, successfully self-published writer, says the offer from the online giant was far LESS than she could make on her own. For every book she sells on Amazon, she receives 70% of the list price – and she can sell her book everywhere else, e.g. on Kobo, B&N, Apple, Sony, Diesel etc. As an Amazon author, the book would have been offered exclusively on Amazon.

The Guardian wrote: “A self-published author of romantic erotica, who had dreamed of being a published author since she was a little girl, has found herself in the unlikely position of turning down a publishing contract with Amazon.com, after it turned out she could make a better living by going it alone.

Rose was only offered $5k, with 35% royalties, a post by the author on Reddit confirmed . But that turned out to be “less than I had made in my first month of sales”, Rose wrote on her blog.

Aubrey Rose, whose  Me, Cinderella?  was self-published in the US on Amazon.com and through Barnes&Noble, was put off by the small sum on offer and by the lack of control she’d have over her book covers – a perennial gripe among many “properly” published authors. On her blog, Rose wrote: “As a writer of big beautiful women romance, I’m acutely aware of the limited amount of cover material available to us and I DO NOT want a thin girl on my cover.”

She added that Amazon “couldn’t guarantee anything – from cover image to pricing to marketing. And I would have to pull my book from every publisher except Amazon.” She added: “It was hard for me to say no. Ever since I was a little girl I’d dreamed about being a ‘published author’ …” One of my writer friends asked, ‘What are they guaranteeing you other than that they will take all the publishing rights and half of your royalties?’

.

<><><><><>
.

If you would like to get help in all things publishing, have your book intensively promoted and learn how to navigate social media sites: We offer all this and more for only $ 159 for 3 months. Learn more about this individual book marketing help: http://www.111Publishing.com/ Once you are on this website, click on Seminar to register.

Please feel free to check out all previous posts of this blog (there are 840+ of them : ) if you haven’t already. Why not sign up to receive them regularly by email? Just click on “Follow” in the upper line on each page – and then on “LIKE” next to it. There is also the “SHARE” button underneath each article where you can submit the article to Pinterest, Google+, Twitter, Chime.in, Facebook, Tumblr and to StumpleUpon.

Thanks a lot for following:

@111publishing

http://on.fb.me/TvqDaK

http://bit.ly/VmtVAS 111Publishing @ Google+

.

.

Hyper Smash

Pingate

 

Tags: , , , , , , , , , ,

The Traps in Publishing Contracts

.
Traps-in-Publishing-Contracts
.

Traditional Publishing Contracts – Part Two of a Series 

There should be a large neon sign that says: NEVER, NEVER, NEVER sign a contract without having your contract lawyer going over it and explaining it to you in detail – sentence for sentence. The contract clauses described here in this blog post are the “norm” in publishing. It is difficult to see how your publishing agreement will play out in the long term, what you sign today could have profound, long term consequences.

Contract attorney Ivan Hoffman explains in his blog:
“In the US, many contracts that consumers commonly sign, such as for mortgage or auto loans or to
obtain a credit card, are subject to statutory requirements for fairness, clarity, etc.  If some of the clauses and drafting techniques commonly included in publishing contracts used by publishers were found in consumer contracts, those provisions would be deemed void and unenforceable. In some cases, they might even constitute consumer fraud and would subject publishers to fines and penalties.”
.

My advice: Before you even have a publishing contract meeting, do your homework and google the publisher, adding the word “complaint”. You might be surprised what you will discover!
.
Publishing contracts are not negotiated from the ground up between the author and the publisher. They are prepared by the Publisher and delivered to the Author as though ready for signature.  And many authors sign without understanding what the contract contains or what rights they are giving up. They focus only on the royalty rate and the advance, if there is any. While those points are important, they might be far less important than some other provisions in the agreement. Authors should not assume a “standard” contract will be fair or equitable. Nor should authors assume they will be able to easily get out of that contract if found out later to be unfair.
.

Samples of unfavorable publishing contracts

Duration of the contract and Territory:
“Author grants and assigns to publisher the sole and exclusive rights to the manuscript throughout the
territory, (which means the World – I have seen contracts that state “throughout the Universe” ….) during the entire term of the copyright and any renewals and extensions thereof.”

What is means: This contract is for the life of the author, plus 70 years after her death, plus renewals and extensions, binding to your heirs as well… Have you ever seen or signed a contract that extends beyond your lifetime? Pretty unfair and one-sided! It also should have a clause, that you get the rights back if the publishers doesn’t exploit it in a given time. For example: if they don’t translate your book into French, Spanish or Cantonese, they should state in the contract to return the rights for those countries to you, say after 2 or 3 years. Most likely they will refuse to …
.

Rights granted by the author to the publisher:
“The Publisher has the exclusive rights to:

  • Magazine or newspaper before and following publication
  • Publication of condensations, abridgments, and in anthologies
  • Book club publication
  • Direct sale and mail order”

What it means: In their contracts, publishers will almost always seek to obtain ALL rights to the
manuscript. No author should give up all rights. If the author is in a stronger bargaining position, the
author may be able to withhold electronic rights, foreign rights or any other of the rights. If for any reason the contract terminates, there should be a clause, dealing directly with what happens to the rights in the book in those events. Do the rights revert to the author?
.

Manuscript delivery and unsatisfactory material:
“If the manuscript for a book is not, in publisher’s sole judgement, satisfactory in all respects, the
publisher may terminate this agreement upon written notice.”

What it means: the Publisher can end the deal for pretty much any reason it sees fit, or for no reason at all. This clause has no single criteria to determine if a book is satisfactory – and it doesn’t give the author equal power to terminate the contract if she/he is not satisfied by the book the publisher created, for example if the publisher did not edit the book properly, priced it to high for the market or choose a terrible cover or a ridiculous title?
.

Advances and Royalties

What is an advance
An advance payment is not a signing bonus. Instead, it is money the publisher is paying the author to live on while the book is being written. The publisher will be paid back this money once the book starts selling. They will take the advance money right off the top of your earnings. Depending on the size of your advance and how well your book sells, you may not receive any royalty payments for a long time. Maybe never. When a book sells enough copies to cover the cost of the advance, it means the book “has earned out.” Now your royalties can start rolling in …
.

Royalties:
“Hardcover: 10% of the invoice price for the first 5000 copies, 12.5% thereof for copies from 5001 to
10,000, and 15% thereof for copies in excess of 10,000. Mass Market Paperback: 8% of the invoice
price for the first 150,000 and 10% thereof for all copies thereafter. On Ebooks: 25% of the amounts
received by Publisher, excluding taxes and handling charges.”

What it means: Between 8% and 12.5% for books is a pitance, and a lousy pay for the hard work of the author. And equally outrageous is what the author gets on e-books: 25% royalties – which is equivalent to 17.5% of the list price. However, the publisher gets 52.5% of the list price! Compare it to 70% you get from Amazon for books between $2.99 and $9.99. Do I need to say more?
.

Royalty Payments
“Publisher shall provide Author with semi-annual royalty statements showing the amount due to the
Author, by April 1 and October 1 of each year for the six-month period ending the preceding December 31 and June 30th, respectively.”

What it means: These publishers might have never heard from a computer, nor do they use any : ) It does not take 6 months to compile the data for sold books, Amazon shoes your sales in mere minutes, and Barnes&Noble, CreateSpace and Kobo pay monthly. But if the money is withheld for months,it’s to the Publisher’s advantage. The longer, the more interest they can earn on the principal due to delayed payments.
.
Most important: What is your royalty based on?
Retail price? Wholesale price? Or net price? Bookstores and other retailers get often deep discounts, up to 55%. If your contract states 10% of net, and the book is delivered at 55% discount to retailers, you might end up with only a couple of cents per book …

  • At a discount of 50%, 20% of net is same as 10% of the retail price of your book
  • At a discount of 40%, 16,66% of net is same as 10% of the lretail price of your book
  • At a discount of 20%, 12,5% of net is the same as 10% of the list price of your book

.

Joint accounts – another trick of the trade publishers:
“Books one, two, and three will be held in a joint and open account, and the publisher shall not pay the
author’s share of royalties and subsidiary rights income on any book of the work until the author’s share of royalties and subsidiary rights income for all books exceeds the total advance.”

What it means: If you have a three-book deal with an advance of $60,000, you don’t make a cent in
royalties until all $60,000 has earned out – if for example book one earns already royalties, those
royalties go toward paying off the advances on books two and three. This is called a basket account or joint accounting. This way you might not earn anything, even with one very successful book, just
because other books in the basket weren’t as successful, often at the publishers fault – or haven’t been released yet.
.

Statements and Payments
“Books one, two, and three will be held in a joint and open account, and the publisher shall not pay the
author’s share of royalties and subsidiary rights income on any book of the work until the author’s share of royalties and subsidiary rights income for all books exceeds the total advance.”

What it means: If you have a three-book deal with an advance of $60,000, you don’t make a cent in
royalties until all $60,000 has earned out – if for example book one earns already royalties, those
royalties go toward paying off the advances on books two and three. This is called a basket account or joint accounting. This way you might not earn anything, even with one very successful book, just
because other books in the basket weren’t as successful, often at the publishers fault – or haven’t been released yet.
.

Reasonable Reserve
“The publisher may retain a reasonable reserve against returns in any accounting period. If the author
receives an over-payment of royalties resulting from copies of the work reported, sold, but subsequently returned, the author shall repay such amounts to Publisher to the extent that Publisher is not able to deduct such amounts from monies due to Author at the end of the royalty payment period after the period in which the over-payment is discovered.

What it means: This looks like a Publisher can pretty much withhold money from an author, and it
doesn’t define what a “reasonable” reserve is.

.
As contract lawyer Ivan Hoffman wrote:
“However, in the absence of consumer-type protections, the laws governing (publishing) business contracts assume that each party to such contracts will watch out for themselves. If both parties sign a contract, the strong presumption is that each party understood what the contract meant and voluntarily agreed to be bound by it. In extreme cases, if a lawsuit were filed, a contract might be deemed unconscionable and voided in whole or in part, but that is a high hurdle to clear.”
Knowing the problem is widespread, doesn’t mean it should be ignored. Big companies are exploiting artists. They are getting rich, and the creators are getting shafted.
.

Stay tuned for number three (final) in the series, and spread the word, RE-BLOG these articles, so that as much writers as possible learn about the tactics of the publishing industry and how to read between the lines.

.
Resources:

Great Book Contract Checklist

Book Publishing Contracts: Checklist of Deal Terms

Copyright Termination

How to Read a Book Contract

Author Concerns and Complaints at Crimson Romance Contracts

Blog Posts by a New York Contract Lawyer

.
<><><><><>

.

If you would like to get help in all things publishing, have your book intensively promoted and learn how to navigate social media sites: We offer all this and more for only $ 159 for 3 months. Learn more about this individual book marketing help: http://www.111Publishing.com/ Once you are on this website, click on Seminar to register.

Please feel free to check out all previous posts of this blog (there are 840+ of them : ) if you haven’t already. Why not sign up to receive them regularly by email? Just click on “Follow” in the upper line on each page – and then on “LIKE” next to it. There is also the “SHARE” button underneath each article where you can submit the article to Pinterest, Google+, Twitter, Chime.in, Facebook, Tumblr and to StumpleUpon.

Thanks a lot for following:

@111publishing

http://on.fb.me/TvqDaK

http://bit.ly/VmtVAS 111Publishing @ Google+

.

.

Hyper Smash

Pingate

 

Tags: , , , , , , ,

E-Book Publishing: How Do You Decide?

.
Do you know the difference between a real e-book publisher who pays an advance and then publishes your finished book and an e-book publishing company which is in reality often vanity publishing and takes a certain commission from your book?  Or an author service company who charge small fees to produce your e-book, in which case you can earn 100% of your e-books’ whole sale price?

Kindle-e-Reader

Kindle e-Reader

In all three variations the e-book retailers (Amazon, B&N, Apple, Sony, Diesel etc.) always get a percentage of the e-book sales, mostly around 30%, for providing their sales platform, point-of-sales cost, money transfer fees, online customer service, marketing etc.
.

Compare e-book publishing company commission rates.|
E-book publishing companies hook you to have your book published without investing a dime, but as they act now as the official publisher they retain a big portion of your e-book sales to themselves – which is often not a good deal for you.

They offer free ISBN numbers, (in reality an amount which is only a negligible: $25 for one ISBN, if you buy a block of ten ISBN’s).   And then these so-called “publishers” how they call themselves wrongly, take an average of 15% commission from the net sales.  If your book becomes successful you can lose out on a lot of revenue! Another problem might occur when you decide to offer your e-book for free through the KDP Select program: it has to be free exclusive at Amazon for these 90 days, which means that you must remove your e-book (NOT the print version) – not an easy job.
.
Genuine E-Book Author-Publishing
Your investment in self–publishing will not be more than $500 and $900 if you do your homework and research for professional, yet inexpensive editing, cover design, ISBN number ( which is free in Canada), book formatting and uploading.  Author service companies, such as BookBaby.com, offer all these services, but don’t act as publisher and don’t take any commission from the whole sale price. You receive 100%.
.


.
Read the fine print; know your contract.
Before you commit to publishing an e-book with any company, always read the fine printContact a lawyer who is specialized in publishing contracts / copyright issues, who can check your contract before you sign!
.

Research copyright details
Every publishing company plays by a different set of rules. Make sure that the e-book publisher you use, allows you to retain all other rights to your work, such as print, foreign rights, audio books or film rights. This is another reason why you need to let a lawyer screen your contract.
.

Screen the e-Publisher
E-publishers can be anything, from very amateurish to very professional:

  • Is their website professionally designed and easy to navigate? Is the text well-written and formatted? The website is the publisher’s shopping window, and should reflect professionalism.
  • Does their staff have publishing, editing, or marketing experience? Beware of publishers that don’t provide this information on their websites.
  • How long has the publisher been in business?  Are there any complaints about the publisher or its staff? A web search on the publisher’s name (and words such as “complaint”, ”issues”, “problems”, “caution”) will sometimes turn up information–often on authors’ websites or in their blogs.
  • Are other writers happy with the publisher? Contact a few of them, and ask.
  • Order a couple of the publisher’s books. Are they of good quality? Professionally presented? How’s the cover art? Do they show signs of having been edited? Have they been proofread? What’s the caliber of the writing? Bad, poorly formatted, and/or sloppily-edited books do not encourage readers to return for more.
  • For print books, if the publisher produces them, the royalty rate will be lower, but shouldn’t be less than what print publishers pay for trade paperback books–7%-10% of list.
  • What’s the optimum price for an e-book? There’s no consensus, and prices are all over the map. The big print houses charge as much as $14.99, while independent e-Publishers tend to stick to the $4.00 to $7.00 range.
  • How does the publisher market itself and its titles? As noted above, e-book authors are expected to shoulder a lot of the responsibility for marketing and promotion, but a professional e-Publisher will actively support its books–for instance, investing in some form of meaningful advertising to attract readers to its site, sending out press releases and advance reading copies, and attending and present your book at conventions and book fairs.
  • How forthcoming is the publisher? A reputable e-publisher should be willing to answer your questions about things like sales figures and formats, give references, make its contract available for your review, and in general to provide information about itself and its publications (preferably on its website).
  • A publisher who charges a fee or requires you to buy something as a condition of publication is either a vanity publisher or a self-publishing service, no matter what its claims to the contrary.

These points are not only helpful to find an e-publisher or an e-publishing service company / aggregator, but also when you have to decide on print publishing.  EPIC, an association for electronically-published authors, has a helpful list of contract clauses to watch out for. Explore their “Red Flag List” to find clauses that could become an issue with your future publisher.

.

<><><><><>

.

If you would like to get help in all things publishing, have your book heavily promoted and learn how to navigate social media sites: We offer all this and more for only a “token” of $1 / day for 3 months. Learn more about this individual book marketing help: http://www.111Publishing.com/seminar

Please feel free to check out all previous posts of this blog (there are more than 760 of them : ) if you haven’t already. Why not sign up to receive them regularly by email? Just click on “Follow” in the upper line on each page – and then on “LIKE” next to it. There is also the “SHARE” button underneath each article where you can submit the article to Pinterest, Google+, Twitter, Chime.in, Facebook, Tumblr and StumpleUpon.

Thanks a lot for following:

@111publishing

http://on.fb.me/TvqDaK

http://bit.ly/VmtVAS 111Publishing @ Google+

.

.
Hyper Smash

Pingate

 

Tags: , , , , , , , ,

99% of All Manuscripts Will Be Accepted …

.

Stop Vanity Publishing

Stop Vanity Publishing

and will be printed – but only by Vanity Publishers (aka Subsidy Publishers) – as long as the author is willing to pay their totally inflated prices.

The main goal of these vanity publishers is to have their printing company busy, so they are not really into executing the work of a traditional publisher.

A background check reveals in almost all cases that they are either printers or affiliated with a printing company.  I learned that even one of the best Canadian book printing companies went into vanity publishing a year ago.

.

You often might have seen these small ads in literary magazines or on the internet:  “If your book deserves publication, send your manuscript now to …”.  And authors do not have to wait long for a response to their submission.
.
Money upfront
Authors are certainly surprised when they encounter a publisher who wants money up-front. It should be the other way around shouldn’t it?  After the author, having signed a hefty check, eventually learns that paying for publication is no guarantee that a single copy of his book will appear in any book shop, not even the local ones.

Many vanity publishers will charge somewhere between $8,000 to $20,000 (or even more) to publish a book depending upon its length. Why would an author pay $20,000 when he or she can have the same book printed for $1,500?
.
Contract full of (empty) promises
Nevertheless, the contract will be full of promises:  What exactly will be paid to the author for subsequent reprinting, subsidiary, for audio and e-books, mass-market paperback rights, TV & Radio rights, merchandising and commercial rights and even film and foreign rights – to make the author believing that his “publisher” actively solicits his manuscript in Hollywood.

Vanity contracts include usually a certain amount of “free” copies for the author; sometimes even as much as 10 books and if he/ she require more, they have to be paid. In reality, the author is paying for them twice…
.

The stock of unsold books remains the property of the publisher
so if there is a chance to remainder them later, he cashes the proceeds. In most cases, only a certain number of copies (I suspect not even this will happen) in an edition will actually be bound; the rest will remain in the warehouse as flat printed sheets until required, which is probably never. However the author has paid in advance for complete books!!!  And I have never met an author who goes into the print shop / binder to watch his or her books manufactured or to see them stored in the warehouse.

Vanity / subsidy publishers are not concerned with editing, promotion, sales or distribution – unless the author pays additionally. For most vanity books, neither exists, and should review copies really being sent out: Reviewers are wary of vanity presses because they know that little attention is paid to the editing of the book. Unless the vanity house has a proven distribution and sales organization, the author is going to have to sell it himself and usually the book sells fewer than 200 copies.
.

As seen in a Vanity publisher contract:
In the event of bankruptcy or liquidation of the publisher for any cause whatever, the author shall have the right to buy back the publications at fair market value to be determined by agreement or arbitration.” (That means, die author has to pay a second time for all his unsold books).  “If the author does not purchase remaining copies of the book, the representative of the publisher shall have the right to sell same at the best obtainable price without payment of royalty to the author.”
Unbelievable! Unethical! Criminal!
.

Beware of these signs:

  • Don’t trust flattering letters concerning your manuscript.
  • Be suspicious of vague promises of quality production. You will not get it in writing…
  • Be wary of promises to sell television and film rights, serial books and other money-making options.
  • Read, read and read once more the contract.
  • Don’t pay a dime, get a copy of the contract and show it to a lawyer that is specialized in contract / copyright law.
  • Watch out for contract clauses, that allow the publisher to renegotiate his initial pitch, and also where the “Publisher shall have the right to license the rights set forth”.

.
Beside their over-the-top printing prices, Vanity publishers might cheat you in a contract that expires only 50 years after your death and with worldwide rights, even universe rights – a contract that a friend of mine signed in Ontario, Canada (and paid dearly).

“The author hereby grants the publisher, during the full term of copyright, the sole and exclusive right to manufacture, print, publish and sell and to otherwise use, as set out further in this agreement, including, but not limited to, acting as agent and/or exercising any or all subsidiary rights, throughout the universe the work.” And: “The copyright remains with the author, until fifty (50) years after the death of the author. All covenants and grants of the author shall bind the author’s successors or assigns.
.

Vanity Publishers / Subsidy Publishers are not actively promoting books.  Their business is not publishing, but printing and selling authors all kind of over-priced services.  Despite all these warnings, there are still writers who fall into the trap of vanity / subsidy publishing. And as soon as one vanity publisher goes out of business, another fills the gap.  

.

<><><><><>

.

If you would like to get help in all things publishing, have your book heavily promoted and learn how to navigate social media sites: We offer all this and more for only a “token” of $1 / day for 3 months. Learn more about this individual book marketing help: http://www.111Publishing.com/seminar

Please feel free to check out all previous posts of this blog (there are more than 760 of them : ) if you haven’t already. Why not sign up to receive them regularly by email? Just click on “Follow” in the upper line on each page – and then on “LIKE” next to it. There is also the “SHARE” button underneath each article where you can submit the article to Pinterest, Google+, Twitter, Chime.in, Facebook, Tumblr and StumpleUpon.

Thanks a lot for following:

@111publishing

http://on.fb.me/TvqDaK

http://bit.ly/VmtVAS 111Publishing @ Google+

.

.
Hyper Smash

Pingates

 

Tags: , , , , , , ,

Are You Looking for a Publisher?

.

130523104141-amazon-kindle-worlds-620xa

Amazon.com recently announced Kindle Worlds, a digital publishing platform devoted entirely to fan fiction.  It is a broadly-defined term for stories about characters or settings written by fans of the original work, rather than by the original creator.  Unlike when you self-publish your book and load it up to Amazon as seller, with Kindle Worlds Amazon is the publisher and you are selling your work to them forever.
.

From Amazon’s Web site:

Get ready for Kindle Worlds, a place for you to publish fan fiction inspired by popular books, shows, movies, comics, music, and games. With Kindle Worlds, you can write new stories based on featured Worlds, engage an audience of readers, and earn royalties. Amazon Publishing has secured licenses from Warner Bros. for Gossip Girl, Pretty Little Liars, and The Vampire Diaries, with licenses for more Worlds on the way.
.

Kindle Worlds for Authors

Kindle Worlds is easy to use. When the Kindle Worlds Self-Service Submission Platform opens, you will be able to upload your story easily—along with a title, editorial description, and other information. Sign up to be notified when we launch the platform.

  • Kindle Worlds will accept novels, novellas, and short stories inspired by the Worlds we have licensed.
  • Using our Cover Creator, you will be able to design a cover for your Kindle Worlds story.
  • World Licensors have provided Content Guidelines for each World, and your work must follow these Content Guidelines. We strongly encourage you to read the Content Guidelines before you commit the time and effort to write.
  • Stories will be available in digital format exclusively on Amazon.com, Kindle devices, iOS, Android, and PC/Mac via our Kindle Free Reading apps. We hope to offer additional formats in the future.
  • You will receive monthly royalty reports and payments for all copies sold.

.

Here are the details that will help you get started:

  • All works accepted for Kindle Worlds will be published by Amazon Publishing.
  • Amazon Publishing will pay royalties to the rights holder for the World (we call them World Licensors) and to you. Your standard royalty rate for works of at least 10,000 words will be 35% of net revenue.
  • In addition, with the launch of Kindle Worlds, Amazon Publishing will pilot an experimental new program for particularly short works (between 5,000 and 10,000 words). For these short stories—typically priced under one dollar—Amazon will pay the royalties for the World Licensor and will pay authors a digital royalty of 20% of net revenue. The lower royalty for these shorter works is due to significantly higher fixed costs per digital copy (for example, credit-card fees) when prices for the entire class of content will likely be under one dollar.
  • As with all titles from Amazon Publishing, Kindle Worlds will base net revenue off of customer sales price—rather than the lower industry standard of wholesale price—and royalties will be paid monthly.
  • Amazon Publishing will acquire all rights to your new stories, including global publication rights, for the term of copyright.

Prachi Gupta from Salon.com

“Through these licenses, or “Worlds,” as Amazon has named them, approved fan fiction pitches will be published by Amazon Publishing, who will pay royalties to the rights holders and the writers. Works of at least 10,000 words will yield 35 percent of net revenue, while stories ranging between 5,000 and 10,000 words will yield 20 percent of net revenue. Titles will go on sale in the Kindle store, priced between $0.99 and $3.99. A note of caution to writers, however: Amazon will retain the copyright to the text.”

.

If you would like to get help in all things publishing, have your book heavily promoted and learn how to navigate social media sites: We offer all this and more for only a “token” of $1 / day for 3 months. Learn more about this individual book marketing help: http://www.111Publishing.com/seminar

Please feel free to check out all previous posts of this blog (there are more than 760 of them : ) if you haven’t already. Why not sign up to receive them regularly by email? Just click on “Follow” in the upper line on each page – and then on “LIKE” next to it. There is also the “SHARE” button underneath each article where you can submit the article to Pinterest, Google+, Twitter, Chime.in, Facebook, Tumblr and StumpleUpon.

Thanks a lot for following:

@111publishing

http://on.fb.me/TvqDaK

http://bit.ly/VmtVAS 111Publishing @ Google+

.

.
Hyper Smash

Pingates

 

Tags: , , , , , ,

No Secrets – Tips from Literary Agents

.
Hall of Fame

.

Going through a couple of literary agent’s blogs, they generally all write the same:

“The problem is that most publishers will not review unsolicited proposals or manuscripts. They receive thousands every year and simply don’t have the resources to review all of them. It’s like looking for a needle in a haystack.”

As an author, what can you do? In a nutshell, here are some agents advises:

  1. Read blogs written by literary agents. You can get some incredibly helpful advice and straight-talk from people who pitch proposals for a living. Read their useful blogs: Terry WhalinRachelle Gardner, Meredith Barnes or Andy Ross.
  2. Educate yourself. If you want to publish with a general market publisher, read 2012 Writer’s Market by Robert Lee Brewer for writer’s guidelines and submission procedures for publishing houses.
  3. Write a killer book proposal. If you want to write (or have written) a book, get these e-books to find out what publishers want in a proposal:
    – Writing a Winning Non-Fiction Book Proposal
    – Writing a Winning Fiction Book Proposal.
  4. Let someone professional review your proposal, such a friend who teaches English or is a professional editor, ask them to review your proposal.
  5. Find a literary agent to represent you. This is usually the only way to get in the door with a publishing company – at least in the USA. Canada and Europe are different stories. Literary agents do the filtering. If you want a list of general market agents, get the 2013 Guide to Literary Agents, and study carefully their requirements.
  6. Get a professional avatar, a good photo is only a tiny investment – and you need it for your book / website / social media presence etc. anyway.
    .

Must-Read Blog to learn more about agents and how to approach them
http://www.writersdigest.com/editor-blogs/guide-to-literary-agents

How Agents work and How to work with Agents
http://savvybookwriters.wordpress.com/2011/04/12/how-agents-work-how-to-work-with-agents/

What Literary Agents Want to Know From You
http://savvybookwriters.wordpress.com/2012/04/01/what-literary-agents-want-to-know-from-you/

100′s of Links to Publishers and Agents
http://savvybookwriters.wordpress.com/2012/10/10/100s-of-links-to-publishers-and-agents/

Which Literary Agent is Right for You?
http://savvybookwriters.wordpress.com/2012/03/07/which-literary-agent-is-right-for-you/

.

I am just wondering if all these time and money investments are paying off, as it can take years until your work is published – if at all. Judging a book is not always an objective process. Read more about this in my next post: 77 Reasons why your book was rejected
.

Investing in a good editor, hiring a professional book designer / e-book formatting company, spending time to market your work and selling it as an e-book or print POD might well be as profitable (if not better) than to go through all the hassle and time waste with commercial publishing houses.

.

<><><><><>

.

If you would like to get help in all things publishing, have your book heavily promoted and learn how to navigate social media sites: We offer all this and more for only a “token” of $1 / day for 3 months. Learn more about this individual book marketing help: http://www.111Publishing.com/seminar

Please feel free to check out all previous posts of this blog (there are 750 of them : ) if you haven’t already. Why not sign up to receive them regularly by email? Just click on “Follow” in the upper line on each page – and then on “LIKE” next to it. There is also the “SHARE” button underneath each article where you can submit the article to Pinterest, Google+, Twitter, Chime.in, Facebook, Tumblr and StumpleUpon.

Thanks a lot for following:

@111publishing

http://on.fb.me/TvqDaK

http://bit.ly/VmtVAS 111Publishing @ Google+

.

.
Hyper Smash

Pingates

 

Tags: , , , , , , ,

77 Reasons Why Your Book Was Rejected

.

77-Reasons-Why-Your-Book-Was-Rejected-Nappa-Mike-978140225412377 Reasons Why Your Book Was Rejected

Written by Mike Nappa, available as e-book and print book at Amazon. The author’s experiences as acquisitions editor, marketing copywriter, and literary agent uniquely qualify him to write on this topic. He is also the author of more than 40 books and received more than 2,000 book rejections during his writing career!
.
The book is divided into three sections: Editorial, Marketing and Sales Reasons for Rejection.  Starting with: “It takes less than a minute to reject your book” (by big publishers that is) Mike Nappa goes on with all the legitimate and also the silliest reasons your manuscript or book idea might be rejected.

As an author you might be able to work on many, such as marketing and your platform and following, however some of the reasons have nothing to do with the quality of your writing. 

.

An editor is going to look at your proposal – and if it doesn’t meet certain editorial standards, it will go no farther. If it passes basic editorial scrutiny, an editor will then consider whether you have done your “marketing” homework — analyzed and defined your audience, established a platform, shown that you know how and why this book will sell. From there, the editor will need to convince the publisher that they can sell this book, and sell enough to merit the investment in its publication.
.
Perhaps the clearest message that emerges from this book is that getting published is a lot of work. The job doesn’t end when you finish writing the last chapter. Publishers are in the business of selling a product, and it’s your job to convince them that your book will sell.
.
Or maybe you will decide to author publish. After all you have to do your book marketing anyway, even if your book is accepted by a commercial publisher. “Success is the best revenge”  .

<><><><><>

.

If you would like to get help in all things publishing, have your book heavily promoted and learn how to navigate social media sites: We offer all this and more for only a “token” of $1 / day for 3 months. Learn more about this individual book marketing help: http://www.111Publishing.com/seminar

Please feel free to check out all previous posts of this blog (there are 750 of them : ) if you haven’t already. Why not sign up to receive them regularly by email? Just click on “Follow” in the upper line on each page – and then on “LIKE” next to it. There is also the “SHARE” button underneath each article where you can submit the article to Pinterest, Google+, Twitter, Chime.in, Facebook, Tumblr and StumpleUpon.

Thanks a lot for following:

@111publishing

http://on.fb.me/TvqDaK

http://bit.ly/VmtVAS 111Publishing @ Google+

.

.
Hyper Smash

Pingates

 

Tags: , , , , , ,

 
Follow

Get every new post delivered to your Inbox.

Join 22,799 other followers

%d bloggers like this: