Friday, November 09, 2007

Damn shame, this

I'm a bit late on this, but when conservative authors get shafted by their equally conservative publisher, well a tear comes to my jaundiced little eye.

The lead paragraph states,
"Five authors have sued the parent company of Regnery Publishing, a Washington imprint of conservative books, charging that the company deprives its writers of royalties by selling their books at a steep discount to book clubs and other organizations owned by the same parent company."
Essentially, the authors of these books are getting a pittance because a fair number of their sales aren't in bookstores, but rather to members of something called the Conservative Book Club, whose members get books from the publisher at a discounted price, thus lowering the cut, as spelled out in the contract, to the authors.
The money quote from the aggrieved Bushies reads,

“The difference between 10 cents and $4.25 is pretty large when you multiply it by 20,000 to 30,000 books,” Mr. Miniter said. “It suddenly occurred to us that Regnery is making collectively jillions of dollars off of us and paying us a pittance.” He added: “Why is Regnery acting like a Marxist cartoon of a capitalist company?”

One, you need to read your contract, sir.
Two, heavy discounting to nontraditional sellers hurts authors' bottom lines and has for years.
That happens when publishers are wholly owned subsidiaries of huge multinational corporations, as many are; or are in your case, just plain assholes.
Suck it up.

Posted by Dave

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