Pan Mac defends New Writing

<p>Katherine Rushton</p><p>Pan Macmillan has robustly defended its fledgling New Writing list, after the fixed-contract scheme came under heavy fire this week.</p><p>"It seems extraordinary to me that people should be worried when a leading publisher introduces an initiative to publish more new authors on absolutely fair terms," said Macmillan c.e.o. Richard Charkin. </p><p>New Writing offers unsolicited, first-time authors a non-negotiable contract, with 20% of the royalties from sales but no advance. Macmillan will "lightly" edit the books and publish them as &#163;15 hardbacks with a ...

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