Quote:
Originally Posted by apbschmitz
Over the years I've had a couple novels published, including one by Random House about 20 years ago. A few days ago I got a note from them, asking if I want to sign off on electronic distribution rights for a 25 percent cut of future sales. Given that there are no current sales to speak of, except for whatever occurs in the used book market, 25 percent of something seems better than 100 percent of nothing. But I wonder if others out there have received similar notes recently, and what your thinking about this is.
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I assume that's 25% of net not 25% of cover/list. Well, as you say 25% of something is better than 100% of nothing, but you might want to at least consider what other authors are doing with their backlist books and release it yourself. That does of course involve some work on your part and it depends on how much you want to do (formatting, cover design, marketing [although I doubt RH will do much marketing on a 20 yr old title], uploading to stores.
Here are some authors putting out their own backlist title(s)...
http://backlistebooks.com/authors.html