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Michael Chabon e-book rights for his work

Tuesday, 20 December 2011

Michael Chabon e-book rights for his work
Associated Press
Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Updated 07:34 a.m., Tuesday, December 20, 2011

Chabon controls e-rights to such early works as "Wonder Boys" and his acclaimed debut novel "The Mysteries of Pittsburgh" because they came out well before the electronic era and digital editions were not mentioned in his contracts. For those editions, Chabon's royalties will be around 25 percent of the publisher's net receipts (minus the percentage paid to the seller), the industry standard and comparable to what publishers offer for hardcovers and paperbacks. When it's comes to royalties on a paper book, that rate (25 percent) is completely fair when you think of the expenses a publisher takes on — the delivery trucks and the factory workers and the distribution chains. Jane von Mehren, senior vice president and publisher of trade paperbacks at the Random House Publishing Group, declined to comment on Chabon's criticism. [...] she did say in a statement that Random House was "thrilled" to release the e-book and trade paperback of "Kavalier & Clay" in June 2012 and "reach all the potential readers of Michael Chabon's Pulitzer Prize-winning masterpiece."
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