The Author Exploitation Business

Penguin and Author Solutions
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We wrote in dozens of blog posts about the difference between publishers, self-publishing service companies and Vanity Publishing, recently in an article

99% of All Manuscripts Will Be Accepted

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A Must-Read for every author is David Gaughran’s article about Author Solutions, where he explains:
“Traditional publishing doesn’t talk about Penguin’s 116m purchase and ownership of Author Solutions. No-one wants to talk about how a supposedly legitimate publisher now owns the most successful author scamming organization on the planet, that has cheated 150,000 writers out of their savings.”

Unfortunately Author Solutions / Penguin also own  XLibris, Balboa, Trafford, iUniverse… ,collaborates with Lulu, and spams the internet with FindYourPublisher.com
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The good news: Three authors filed a class action complaint against Author Solutions Inc. and Penguin Group USA in US District Court for the Southern District of New York. Allegations include breach of contract, unjust enrichment, various violations of the California Business and Professional Code, and violation of New York General Business Law and request release of publishing rights for the class, and payment by the plaintiffs of restitution, court costs, and compensatory damages in excess of $5 million.
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Read David Gaughran’s extensive article and re-blog it, to warn as many writers as possible, so that they do not fall into their traps.