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Digital
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Written by Michael Bhaskar
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Michael Bhaskar outlines why publishers believe 25% of receipts to be a fair ebook royalty
It can hardly have escaped Bookbrunch readers' notice that even for the exposure-hungry world of digital publishing things have kicked off in a big way. First, The Wylie Agency launches its own imprint, Odyssey Editions, selling backlist titles of big name writers exclusively through Amazon Kindle, by-passing publishers en route. Then publishers, enraged at a move seen as undermining their investment and work (from editorial to publicity and everything in between) hit back, with Random House publicly announcing that it is curtailing business with the agency, and Macmillan US CEO John Sergent denouncing the move on his company blog. HarperCollins has expressed anger over the move. This is not to say the noise has been one sided – on the Futurebook blog, agents have been making the case that this development is actually largely the fault of publishers. An unfolding game of strategic plays and counter-plays is unfolding on the chessboard of Anglo-American publishing, with no clear sides, rules or outcomes yet apparent.
At the heart of this is one question: what is a fair way to split digital revenue? |
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Drummond Moir of William Heinemann has acquired UK/Commonwealth rights (excluding Canada) in THE REVOLUTION WILL BE DIGITISED by Heather Brooke. The agent was Karolina Sutton at Curtis Brown.
