Here’s an interesting story - the UK-based Chipping Norton Literary Festival and second-hand book retailer Bookbarn International have both announced, independent of each other, initiatives to reward authors by paying them a percentage of the profits they make.
Clare Mackintosh, Chipping Norton Literary Festival's Director, said: “Paying authors for appearances is the ethical thing to do. Our profit-share scheme puts authors at the heart of the festival – which is precisely where they should be.
“It’s important to us that each and every author is rewarded for their contribution. What better way to reward them for their effort than to split our profits with them?"
Based on figures from this year's festival, authors would have been paid up to £150. .
Bookbarn International and the Authors' Licensing and Collecting Society have launched a pilot programme which will see authors paid for the sales of used books. The ‘Book Author Resale Right’ (BARR) means authors will receive a percentage of the net profit BBI makes from second-hand sales of their books.
All very encouraging.
John Dean
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