AMAZON ANNOUNCES IT WILL PAY AUTHORS SOONER THAN OTHER PUBLISHERS

Could it be a sign of the changing times and could, once again, that renegade Amazon be changing the face of the publishing industry? VP of Amazon Publishing, Jeff Belle, sent a revolutionary letter to authors’ agents informing them that the online giant has decided to pay authors every month rather than their previous three months (and rather than the six months and sometimes up to a year that I’ve had the displeasure of experiencing through writers’ stories from Killer Nashville). This has to be great news to both agents and authors. Two things: this is a wonderful way for Amazon to woo writers into their fold and – try as they might – other publishers are going to have to take note of this and deal with any backlash of their continued lengthy payment cycle. From a traditional publishing point-of-view, dealing with returns will be a tricky issue if this new model ebbs its way into the mainstay publishing world. Stay tuned for more developments.

About these ads

About Clay Stafford

Clay Stafford (www.ClayStafford.com) is an author and filmmaker and CEO of American Blackguard (www.AmericanBlackguard.com). He is also the founder of Killer Nashville (www.KillerNashville.com), an organization devoted to writers of the mystery, thriller, and suspense genres. His latest projects are a feature-length documentary “One of the Miracles: The Inge Meyring Smith Story" (www.OneOfTheMiracles.com) and a music CD "XO" (www.JefferyDeaverXOmusic.com) with mystery writer Jeffery Deaver.

View all posts by Clay Stafford →

2 Responses to AMAZON ANNOUNCES IT WILL PAY AUTHORS SOONER THAN OTHER PUBLISHERS

Clay Stafford says:

March 19, 2013 at 7:06 PM

Reblogged this on Killer Nashville Blog.

Elizabeth K. Burton says:

March 19, 2013 at 8:13 PM

Amazon can pay authors every month because they don’t have to wait for companies like Amazon who pay every 60-120 days to pay up. But they won’t change their policy about when to pay publishers. In other words, they’ll take unfair advantage. I suspect there will be lawsuits and petitions to the FTC in the offing, and with good reason.