More fuel for the fire. Macmillan is cutting royalties for authors on e-books to 20%, when the industry standard is more like 25%. John Sargent, CEO at Macmillan, sent out a letter to agents on Monday advising them of the change. Somehow the NYT got a copy of the new contract. Says Richard Curtis, a … Continue reading Macmillan Lowers E-book Payments to Authors
D.D. SYRDAL 