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50/50 Press

editing_for_authors
Editing for authors: because every writer needs a good editor.

Undercover

I got it covered
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http://www.5050press.com/

Discovered them on Twitter. They look very new. The first cover reveal is in a few days. Doesn't look like they have a whole lot of experience in the publishing industry.

Looks like a wait and see.
 

fornickels

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Thanks for posting.
They seem to have a small good stable of authors. I'll be interested to hear other people's thoughts and see how they do over time.
 

Zombie Fraggle

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From the 50/50 (5050 - it's written both ways) submissions page:

We pay authors 20% royalties on all books published with us, excluding our biannual short story anthologies. All of our titles are available in both print-on-demand and eBook form.

Only 20% royalties for ebooks? Ouch.


Some red flags:

  • So genre focus whatsoever.
  • No practical experience as publishers or commercial editors among the two principals. (Self-publishing only. One book is still available on Wattpad.)
  • "focused on creating personal relationships between authors and readers." (Typically translates to author does all the marketing.)
  • "If your book is chosen to become part of the 50/50 family . . ." (The family thing. Again.)
  • ". . . we will work with you throughout the entire publishing process-- from suggested edits to marketing ideas." (Marketing ideas.)
  • Usual rhetoric about authors getting lost in the shuffle at bigger publishing houses, working with authors to help them achieve their vision/dreams.

If they're still around in a few years and have some breakout sellers, then I would take a second look. Otherwise, I see no advantage over other more established small presses or self-publishing, and several severe disadvantages. I think I got an actual blister from that 20% royalties for ebooks thing.
 

eqb

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Only 20% royalties for ebooks? Ouch.

fwiw, I posted a question on their blog, asking if the royalties were on net or cover price.

ETA: They deleted my question without answering it. (Or maybe the question vanished when they turned off comments for that post.) I've emailed them with the same question, because it makes a difference on what those royalties are based on.

ETA2: Ah, they've updated the blog post itself with "Royalties are based on profits an author receives from sales." So their royalties are average at best for print and lower than average for e-books. They also have not defined what they mean by "profits an author receives."
 
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eqb

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Okay, I emailed the publisher to find out how they calculate "after profits." Their answer was:

Our royalties are based 20% of of net for printed books, which we define as after printing cost. For Ebooks it is 20% off of gross which we define as list price. We like to keep it rather simple. I hope that answers your question.
 

ctripp

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From the blog:
>As explained by this Writers’ Services article, “"Hardback royalties on the published price of trade books usually range from 10% to 12.5%, with 15% for more important authors. On paperback it is usually 7.5% to 10%, going up to 12.5% only in exceptional cases.”

We pay higher royalties because we value authors’ work.<

Well, if they are paying 20% on net the Author will be lucky to get 10% of book price, so no they don't pay higher royalties then other publishers because they value writers and they pay lower then most publishers on their ebooks.


 

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