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I agree that at first glance, it recalls Macmillan's New Writing program, but despite the lack of advances, New Writing seems to follow the basic trade publishing model, whereas many of the details here seem quite different.
However, there's so little concrete info on this new venture that it's hard to comment. Just what will the profit-sharing consist of, for instance, and how will "profit" be defined? If we're looking at some version of Hollywood accounting, it won't be so great for authors. A straight 50/50 split after discounts, on the other hand, could be attractive. Another thing that makes this interesting, IMO, is the way Harper seems to be planning to market the books.
This NY Times article gives a somewhat fuller account than the GalleyCat item.
A lot of people will be watching with interest, including me.
- Victoria
However, there's so little concrete info on this new venture that it's hard to comment. Just what will the profit-sharing consist of, for instance, and how will "profit" be defined? If we're looking at some version of Hollywood accounting, it won't be so great for authors. A straight 50/50 split after discounts, on the other hand, could be attractive. Another thing that makes this interesting, IMO, is the way Harper seems to be planning to market the books.
This NY Times article gives a somewhat fuller account than the GalleyCat item.
A lot of people will be watching with interest, including me.
- Victoria
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