When Scott Turow stopped by CBS This Morning last week to promote his new book, Identical, co-anchor Charlie Rose turned the discussion to Turow’s “beef with Amazon,” while Norah O’Donnell brought up his April New York Times piece on “The Slow Death of the American Author.”
Turow said Amazon’s below-cost ebook pricing, “destroys physical bookstores and drives the reading public into the ebook, which of course Amazon dominates. They’re a great competitor and I don’t mind fair operation of the market. I don’t like unfair tactics.”
Here’s a clip from last week’s phone-in seminar with Anita Fore, Authors Guild Director of Legal Services, on the basics of understanding and negotiating contracts with both traditional book publishers and stand-alone ebook/POD publishers. The clip (about 15 minutes) focuses on traditional book contracts:
Members are welcome to contact us for a link to the full-length audio of the 60-minute seminar and a handout that accompanies Anita’s talk. (Not a member? Join up! You must be a published author to join, but many self-published authors now qualify for membership.)
The Guild is hosting additional phone-in seminars for members this week and next:
Magazine Contract Issues (Wednesday, April 24th)
Anita Fore will discuss several clauses freelancers should be aware of when negotiating magazine agreements. Sign up here.
Authors’ Statutory Right to Terminate Publishing Contracts After 35 Years (Wednesday, May 1st)
Paul Aiken, Authors Guild Executive Director, will explain the rules governing publishing contract terminations under Section 203 of the Copyright Act. Sign up here.
Scott Turow on CBC News: “difficult to comprehend Justice Department’s seeming approval” when Amazon’s “aim was clearly to monopolize the e-book market”
In an eight-minute segment on the Canadian Broadcasting Corporation’s nightly CBC News that aired yesterday, Scott Turow discussed Amazon’s tactic of selling bestselling e-books at a loss to lock up a 90% share of the e-book market. He also took aim at publishers, saying “there should be a 50% royalty on net proceeds” for e-books, following established practices for the industry. (See E-Book Royalty Math: The House Always Wins and The E-Book Royalty Mess: An Interim Fix for discussions of e-royalty rates.)