NicoleJLeBoeuf said:
Wait. Wait wait wait waitwaitwait wait.
*Goggle* Most other "traditional" publishers require life terms?
Would someone currently published with a legit commericial publisher please speak to this point? I sense dissemblance on PA's part here.
Our contracts are written so that we retain rights for 5 years. But, as Jim says, if a book continues to sell, we'll hang on to it. Since we're still new, we haven't had to test that as yet.
I'd like to interject a little aside, if I may. It was during a pretty ugly time that PA and HB insisted (okay, they crowed from the top of the hills) that our company would be out of business within a year. We've almost hit the year and a half mark and to date we have three reviews from Publisher's Weekly, one review with ForeWord Magazine, an upcoming review from Bloomsbury Review, and a keeping-the-fingers-crossed review from The Village Voice.
Diana's book is up for an IPPY and ForeWord Magazine Book of the Year in the sci-fi/fantasy division, and we're currently negotiating with a book distributor for national distribution. We're doing well enough that we've gone to offset printing on a number of our books with digital print runs (not Lightning Source) on the rest. Bookstores such as B&N, Borders, Waldenbooks, the Tattered Cover, and a number of other indies have emailed our marketing director with high praise for the way we run our company, and have invited many of our authors back. They've gone so far as to lament that they wish the bigger houses ran their operations the way we do. Oh, the horror stories I could tell.
This post isn't so much of a horn tooting as it is a very unprofessional "In Your Face, HB and PA." You told us we'd be yesterday's news within a year. Well, we're still here and plan on being around for a very long time. Every day is a new opportunity to learn and do our job that much better. Instead of turning tail and running into the sunset like HB and PA predicted, we've actually started turning over a slight profit. And yes, that means money in our author's pockets. Sure, we have a long way to go, but there isn't a day that goes by that I don't thank God that we run a clean, honest, ethical, and quality show. It's an honor and a privilege.
Geez, I sort of went on, didn't I? Sorry. But I do feel much better.