Totally on a whim I submitted my out-of-print first novel to an E-Publisher that specialises in backlists and out-of-print books. I got the following reply the next day:
"We are interested in republishing your work in eBook format. We offer 50% royalty on gross profit. We provide cover design, file conversion and upload to all the major eBook stores. We will promote your book in social media, however, it is important for the author to promote their own work. One of our authors is a social media expert for writers and is always willing to help out our authors with ideas and cross promotion. "
Is that a good offer or not?
I told them I would get back to them in due course. Actually, I have two other options I would consider before accepting that offer; one with my agency which is starting an E-publishing branch, and another with a small but up-and-coming print (and e-book) publisher.
So, how does that offer sound? What are the loopholes? What to watch out for? I'm new at this and basically never even considered the E-publishing routre until a few weeks ago.