Tuesday, June 05, 2007

Update on the Simon & Schuster Thing

Hmm. Is S&S moving to a more author-considerate position?

From Author's Guild:

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. The AAR's alert follows.

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.

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