Writers and Editors (Pat McNees's blog)
RSS feed

Wiley's Deceptive Letter to Bloomberg Press Authors:

June 11, 2010

Tags: book contracts, royalties, book publishers, Wiley

""We are pleased to inform you" that we will be slicing your royalties up to 50%, is the essence of a letter from John Wiley & Sons to Bloomberg Press authors. "John Wiley & Sons acquired Bloomberg Press, the books division of Bloomberg, in March," says the June 2010 Authors Guild alert. "At the end of April, it began sending a letter to hundreds of Bloomberg Press authors purporting to inform them 'about a few differences in the accounting systems of Bloomberg and Wiley (more…)