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#16 | |
Grand Sorcerer
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That's the reason for the non-compete and over-broad first-refusal clauses. And the life-of-copyright contracts that require the author to do their own promotion. They need to take a cue from Michael Douglas in ROMANCING THE STONE. "I can be bought... but I don't come cheap." |
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#17 | |
Grand Sorcerer
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No publisher will sign one that can actually be triggered. All that the clauses require is that an (ebook) edition be offered somewhere, not that it be generating actual income for the author. In the old days (pre-2010) an author could make themselves enough of a nuisance to force the publisher to revert a title or even bring in a lawyer and take them to court but nowadays they play games all the time. Mind you, there are worse things that can happen to a tradpub author than a publisher holding a title hostage. Just ask the NIGHTSHADE authors or the ones caught in the DK bankruptcy. Edit: Brain cramp. It was the DP, Dorchester publishing, bankruptcy. ![]() Last edited by fjtorres; 07-22-2014 at 07:17 AM. |
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#18 | |
Bookaholic
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I know they can be somewhat hard to put into action at times, but haven't read this specific complaint yet. I have read about authors with older titles getting stuck because their publisher ran a few POD copies to keep a book in print. |
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#19 |
Grand Sorcerer
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#20 |
Bookaholic
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When I see DK I think Dorling Kindersley. Perhaps it's in reference to when they got in trouble back in the late 90's(?) when they way overprinted on the Star Wars books (something like didn't even sell half of what was printed) they were publishing and as a result were taken over by Pearson/Penguin? No idea about what if any bankruptcy was involved in that.
Last edited by AnemicOak; 07-21-2014 at 10:35 PM. |
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#21 | |
Ex-Helpdesk Junkie
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Ereaders are sold at or near cost. Stores can discount them -- if they don't mind losing that money. As there is no real incentive for them to sell more Kindles (they make no money off ebook sales) they simply decide not to discount. Amazon has been known to discount Kindles -- since they want more people to own a Kindle and then buy books from Amazon to stock it. Why don't you suggest a reason why any store (staples, Best Buy, Office Depot, etc.) would want to seriously discount Kindles? |
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#22 | |
Grand Sorcerer
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Yes there is crap out there, I can usually tell by the cover tbh, and the preview I can get from Amazon. But I'd never refuse to buy self published books. For some authors self publishing is a way to pay the bills and allows them to continue to write while they wait for the publisher books to release. I've even bought paperbacks from self published authors as well. |
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#23 | |
eBook Enthusiast
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#24 | |
Grand Sorcerer
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#25 |
eReader Wrangler
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But it might be in the publisher's interest to make their writer happy -- that is, if they want to keep their writer after the contract runs out. Greed is the great "stupidfier," it short circuits the brain.
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#26 | |
Grand Sorcerer
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I doubt retailers will agree to sell a fixed price item at their cost. Staples does need to make money when they sell items at a consistent full price. Near cost? Relatively low markups are typically associated with price maintenance.
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What do you call a store that loses X amount on one third of sales and makes the same amount on two thirds of sales? Profitable. While the fractions I state are too simplified to be real-world, that's the basic strategy of Amazon's US reseller community -- when they are allowed to apply it. |
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#27 |
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SteveEisenberg, do you have any real verifiable source to say that Amazon doesn't allow discounting of it's devices by the resellers? Because I just don't believe it. I just put "kindle sale" into a google search and see a few Kindles on sale, but even more important is this: https://source.amazon.com/#/welcome I looked all through that site, and couldn't find anything stating that Kindle devices aren't allowed to be discounted. Maybe you have some other source that I couldn't find?
Shari |
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#28 | |
Grand Sorcerer
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Here's a link from 2012: http://deborahmacgillivray.blogspot....-backlist.html The company went under and since the contracts were considered corporate assets, the titles couldn't be reverted even though many authors were owed big sums in royalties. The authors were treated as unsecured claimants, say like an office supply vendor, and were at the bottom of the list for payment. Worse, the contracts remained in force and were auctioned off. By the letter of the law, the new owner of the contract owed no back royalties but since the buyer was Amazon publishing, they paid the money as a good will gesture (and inducement). As part of the bid terms, they offered to revert the titles if the author preferred not to sign with AP. They did not have to do either. When Nightshade went under, this was exactly what the authirs faced: either they agreed to the new, reduced royalty contracts enmasse or the buyer walked away and they all ended up in bankruptcy court. When you look at the backlists of the BPHs and their myriad imprints you'll find tons of books (and associated contracts) that have been transfered from one entity to another over and over with absolutely no say from the author. The new owners may live up to the contract and actively promote the title or they might just squat on the rights but in no way does tge suthir have recourse. A publishing contract isn't a partnership agreement, it is an outright sale and assignment of IP rights so, effectively, the publishers do own the author's career. Last edited by fjtorres; 07-22-2014 at 07:43 AM. |
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#29 | |
eBook Enthusiast
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I experienced something very similar myself many years ago with my software business. I had a very good US agent who published my software in the US, and provided an excellent service. He was bought out by a much larger software company, and all the titles he published went with him. My product was a bit of an oddball which didn't really fit in to the larger company's portfolio, and it was basically put on the back-burner, not advertised or supported. My US sales fell through the floor. Luckily the company accepted that this had happened and sold me all the rights back for a nominal $1 sum. Last edited by HarryT; 07-22-2014 at 07:57 AM. |
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#30 |
Grand Sorcerer
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Given that a number of authors are quite happy with their publishers, perhaps the real issue is that maybe the author in question might be a bit on the greedy side, or simply doesn't understand why his books didn't do as well as he thought they should. Remember "the publishers" is a pretty big and diverse group of people, not the monolith that some seem to think they are. Publishing contracts aren't the monolith that some think they are either.
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