OK, this looks dire
Friday, May 18th, 2007 06:55 amThe Authors Guild is reporting what looks like a monumental and unprecedented perpetual rights grab on the part of Simon & Schuster.
NEW YORK-- Simon & Schuster, one of the largest book publishers in the U.S., has altered its standard contract with authors in an effort to retain control of books even after they have gone out of print. Until now, Simon & Schuster, like all other major trade publishers, has followed the traditional practice in which rights to a work revert to the author if the book falls out of print or if its sales are low.
The rest of the story's here
...and some discussion here, in which Simon & Schuster spokespeople are shocked! shocked! by the AG's "overreaction" to a simple business deal.
Remind me again why I decided not to be a brain surgeon?
NEW YORK-- Simon & Schuster, one of the largest book publishers in the U.S., has altered its standard contract with authors in an effort to retain control of books even after they have gone out of print. Until now, Simon & Schuster, like all other major trade publishers, has followed the traditional practice in which rights to a work revert to the author if the book falls out of print or if its sales are low.
The rest of the story's here
...and some discussion here, in which Simon & Schuster spokespeople are shocked! shocked! by the AG's "overreaction" to a simple business deal.
Remind me again why I decided not to be a brain surgeon?