What if PA goes out of business due to lack of sales or some other problem?
Do the book rights automatically revert to the authors?
Do the book rights automatically revert to the authors?
What if PA goes out of business due to lack of sales or some other problem?
Do the book rights automatically revert to the authors?
True, but no one is obligated to fight PA. No one is obligated to care whether they feed or hurt PA.
If someone picks the easy-but-expensive solution, then they shouldn't be made to feel guilty about that*. We are all allowed to pick our battles.
*Not that I think that is anyone's intention here.
This is not a professional publishing concern, but three clowns with a copy machine and no way to fill all the orders.
"Giving YOUR special book the "chance it deserves" since 1999!"
Maybe they'll be bundled into Collateralized Manuscript Obligations (CMOs), sliced into tranches, and rated Aaa by Moody's, then sold off to unsuspecting third-world investors as blue-chip bonds. Investors will then buy CDSs against the CMOs, but when the manuscripts turn out not to be publishable and the investors look to collect on their CDSs, the counterparties will have gone BK and the whole literary establishment of the world will start to implode.Probably not. The rights would be considered an asset,. . . .
This is what B&T told me:
We are not printing books for Publish America.
Not a chance in hell....could it be a spring break issue as well? Honest question here. I've heard a lot of their workers are college students, so could it be that they're out of town? Sincerely hoping otherwise.
Note: the free books don't show in your cart, but the Spring6 coupon automatically triggers their printing and shipping!
I guess I'm just looking at this and thinking a) it's just a really stupid move and they're losing a lot of money, or b) this is outright proof that they're vastly overcharging for the books in the first place if they can make an offer like this and still make money from it. Or is there a catch in there somewhere I don't know about.
Let's break it down. You purchase two of your books at 25% off (mine have a retail price of $24.95). I don't want to get out a calculator, so I'm rounding down to $24. Twenty-five percent off would be $6.00 off, for a price of $18 per book, times two books equals $36. I have to pay shipping on the two books at $3.95 (or was it $4.95) per book. Times that by two (I'm rounding up here, just so I don't have to get the calculator again), that would be $4.00 per book, times two, for a total of $8.00. So, $36 plus $8 equals $42 for six books, making the cost per book $7. It costs PA somewhere between $3 and $4 to print a book (I think that's correct, it might be closer to the $3 mark). So, PA will make between $3 and $4 per book. Assuming the authors think this is such a great deal and they decide to order a lot of books -- let's say 100. That's $300-$400 in PA's pocket. They are not losing money on the deal.
Would you pay $300 for a lottery ticket that is probably worthless? It's a free country, and everyone can do as they like, but my point was that I think paying PA $300, or buying $600 worth of books, is probably a mistake when the rights to that book are likely worthless (plus, you get the rights back anyway by just waiting out the 7 years)
The offer says that they have to order a minimum of eight, not two. So you pay for eight books, if I'm reading that right. I don't know if that would adjust your calculations or not. Do you get free books for every two you order, or just the first two?
thought I might brighten up your day.
cut/pasted from my mail box
Dear Author:
Weekend only. One-time only. Because Spring arrives this weekend.
Buy two books, get SIX!
That's FOUR books for FREE!
Buy two (2) books, and we will ship SIX (6) books to you. Four (4) of those are FREE, our Welcome Spring Gift to you. Plus we will ship the FREE books to you for FREE.
*Oh, and did we mention the 25 pct discount?
Go to www.publishamerica.net, find your book, click on it, then add to cart, indicate quantity, and use this coupon: Spring6. Then click Recalculate and finish the transaction. Minimum order volume is 8 copies.
Note: the free books don't show in your cart, but the Spring6 coupon automatically triggers their printing and shipping!Example: if you order ten copies, we will print thirty, give you 25 pct discount on the first ten, and 100 pct discount on the other twenty; that's 20 books for FREE. Plus we'll ship those free books to you for free!
Be very quick. Offer expires Sunday night. Hardcovers and fullcolor books are excluded.
Thank you,
PublishAmerica Author Support Team