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 ...

This is subscriber-only content

Not a subscriber? Get unrestricted access to all the news, charts, previews, data & analysis by subscribing from as little as £3 per week.

Why Subscribe?

Every issue of The Bookseller magazine

Unlimited access to (single user)

The Bookseller e-edition app for tablet and mobile

Subscriber-only newsletters

Twice yearly Buyer's Guides worth £50

Discounts on The Bookseller Awards and Conferences

Click here to subscribe now