The Writers’ Union recently released the following recommendation to its members:
It has come to the attention of the Contracts Committee that a number of publishers have been launching electronic book and print-on-demand initiatives. These publishers are encouraging writers to participate in their projects and are offering royalties for e-book sales at rates from as low as 10% of net sale price.
The Contracts Committee thinks that 15% or 25% of net or even of retail is unacceptable.
The Committee’s additional concern is that these initiatives may lock up both your electronic and print rights for your book with the publisher more or less forever.
We strongly recommend that, right now, you do not sign new agreements, letter agreements or addenda to current publishing agreements that authorize e-books and p.o.d. without first consulting the TWUC office.
The Contracts Committee