August 15, 2008. F&W/Adams Media has contacted the Authors Guild in response to our August 13 member alert about an arbitrator's award to Guild member Sherry Argov. F&W expressed its confidence in its royalty accounting practices and has offered to work with the Guild to demonstrate that its accounting systems are appropriate. We'll take F&W up on its offer and will be reporting the results of our review to our members.
F&W has agreed to address any royalty accounting issues brought to our attention by Guild members. We'll only do so, of course, if our member approves of our taking this step.