Advance & Review

Couple things of note today:

Horror Palace just posted a review of my latest novel, Blackstone.  They gave it 10 out of 10, so I’m glad they enjoyed the book.

Earlier this week The Smoking Gun reported that Penguin Publishing is suing to recoup advances from several non-fiction writers who had signed contracts with them.  It’s standard operating procedure for a writer to return an advance if he or she cannot meet their deadline for whatever reason.  I think Penguin has every right to pursue legal action.  What I don’t agree with, however, is suing for the added interest as well.  That seems tacky.  Publishers hold onto royalties for far longer than necessary (six months versus thirty days from Amazon or B&N).  They could pay on a more timely schedule but choose not to.  No doubt that money accrues interest for them during the interim, not a penny of which ever makes it to their authors.  May not sound like a lot to fuss over, but that adds up over time. 

The article doesn’t specify whether the authors failed to deliver a manuscript at all, or if they did and Penguin merely rejected it.  In the case of the latter, I think their legal case becomes much murkier.

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