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June 01, 2007

Republish or Perish

Flyerfinala_2It's an unprecedented rights grab amongst book publishers -- a contract so bad that the Authors Guild is launching a campaign today at Book Expo America to tell authors everything they need to know about the new Simon & Schuster book publishing contract.

Update, 11:30 am

Simon & Schuster executives yesterday apologized for "any early miscommunication" regarding reversion of rights, according to the Association of Authors' Representatives (the literary agents' organization).  S&S is willing to negotiate a "revenue-based threshold" to determine whether a book is in-print, says the AAR.

Simon & Schuster's new position reflects substantial movement from their initial stance, but it raises many questions, including (1) whether revenues would be measured by income to the publisher or the author, (2) what level of revenues would meet the threshold, and (3) how unagented authors (particularly children's book authors) would fare under this policy.

We're off to BEA.  More details certainly to come.

Feel free to post and forward this message.  The Authors Guild (www.authorsguild.org) is the nation's oldest and largest organization of published authors.

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