A friend sent me a link to this apparently new publisher.
Thought I'd open a thread to see if anyone has something to trib about them.
They are presently taking submissions for a specific collection. Authors get paid 2% of the profits, no advance, no pay per word.
I could certainly be wrong, but since creative bookkeeping kept Forest Gump from showing a profit, I tend to be guarded about such deals.
Slightly off topic, but showing the kind of respect writers get in Hollywood: Bolding is mine.
"Winston Groom was paid $350,000 for the screenplay rights to his novel Forrest Gump and was contracted for a 3% share of the film's net profits. However, Paramount and the film's producers did not pay him, using Hollywood accounting to posit that the blockbuster film lost money—a claim belied by the fact that Tom Hanks contracted for points instead of a salary, and he and director Zemeckis each netted $40 million. Additionally, no one mentioned Groom's name in any of the film's six Oscar-winner speeches.