Contract terms debated at BEA

Contract terms debated at BEA

A Big Five c.e.o. advocating for a flat rate royalty across formats? A long-established independent publisher defending the Big Five? Both happened on the first day of BookExpo America (BEA) when Authors Guild president Mary Rasenberger convened a panel with Hachette Book Group c.e.o. Michael Pietsch, Grove Atlantic president Morgan Entrekin, and New York lawyer Jonathan Lyons, to discuss the Guild’s Fair Contract Initiative (FCI).

While recognising that publishers are “also under pressure,” Rasenberger stated that, according to a recent Guild survey, the mean income of authors is down ove...

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