Friday, July 10, 2015

Authors Guild Demands More

The Authors Guild recently announced the launch of its Fair Contract Initiative. Essentially this means they believe that publishers are getting fat on the backs of struggling writers, and that said publishers should share the wealth more fairly.

But what, exactly, is fair?

This week, the issue has to do with e-book royalties. The standard publishing contract offers a 25% royalty for e-books, but the Guild believes it should be much higher. After all, it costs nothing to produce an e-book, and nothing for shipping. Why can’t they pay more?

But here's the thing: the process for producing an e-book is exactly the same as any other. They're not free to produce, and they never were.