Posts Tagged ‘Random House’

SFWA Response to Hydra Letter

Thank you for your letter regarding Random House and Hydra, and your interest in speaking with us.

Unfortunately, there is very little to discuss. SFWA has determined to its own satisfaction that Hydra does not meet our minimum standards for a qualifying market, as its contract does not offer an advance.

Random House Imprint Hydra Not A Qualifying Market

SFWA has determined that works published by Random House’s electronic imprint Hydra can not be use as credentials for SFWA membership, and that Hydra is not an approved market. Hydra fails to pay authors an advance against royalties, as SFWA requires, and has contract terms that are onerous and unconscionable.

The UK’s Society of Authors Issues Guidance on Ebooks

Given Random House’s recent claim on electronic rights in older contracts, Macmillan’s recent announcement that it will be issuing “enhanced ebooks” simultaneously with some of its hardcover releases (and charging even more than for the hardcovers), and the thorny rights and payment issues raised by the rapid expansion of the ebook market, this seems an especially relevant piece of news: the UK’s Society of Authors has issued guidelines on ebook licensing and royalties for authors and agents.