Archive - October 4, 2011

An article in The New York Times on Monday, October 3, 2011, says it all. Written by Julie Bosman, the news account begins, “The Perseus Books Group has created a distribution and marketing service that will allow authors to self-publish their own e-books.” This venture is called Argo Navis Author Services and at the moment is only available to authors who are represented by an agency that has signed an agreement with Perseus. One major agency, Janklow & Nesbit Associates has signed up so far.  The article goes onto say: “The new service will give authors an alternative to other self-publishing services and a favorable revenue split that is unusual in the industry: 70 percent to the author and 30 percent to the distributor. Traditional publishers normally provide authors a royalty of about 25 percent for e-books.” Perseus is not alone. Last week I heard from my own agent and agency, . . .