Friday, March 08, 2013

Hydra, strangely like self-publishing

News broke recently that authors published by Random House's Hydra imprint pay for just about everything the publisher does for them via their royalties.

Specifically, royalties are based on net, and the net excludes "one-time out of pocket title set up costs" which include editing formatting art and design, and 10% of gross royalties for a "sales, marketing, and publicity fee"

See also:


Roger Lawrence said...

Just another example of publishing houses flexing their muscles. and yet it seems that they can get away with it. But for how long?

Joleene Naylor said...

Ah, but the authors can pat themselves on the back and claim to have a "real publisher" *sarcasm*