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Posts Tagged ‘scam’

#Publishing #Scams, Traditional Publishers and #AuthorSolutions

April 29, 2015 Leave a comment

David Gaughran has a post out this week which is absolutely a must read for anyone wishing to self-publish.

“Aside from providing a false veneer of respectability to Author Solutions’ operations, the only role that the partnering publisher plays is to provide “leads” to Author Solutions, and then sit back and collect the royalty checks. In short, these publishers are pimping out their brand as bait for the Author Solutions scam.”

Click here for David Gaughran’s entire post.

#Scams in #Publishing

March 14, 2015 Leave a comment

My article today in scroll.in.

Incase the link doesn’t work for you, you can check this pdf on my blog.

Predatory #SelfPublishing Outfits and #LiteraryAgents

November 26, 2014 6 comments

Three different things caught my attention this past month.

First, I get a message from someone (who shall remain nameless and genderless) that Person has found a great literary agent, a go-getter. Totally worth the Rs. 20,000 ($324) the literary agent demanded as ‘assessment fee’. Anyway, Person is not worried because the agent has promised to get Person’s money back when (not if) they sign up with a publisher. The contract also states that once Person signs on, Person may not approach publishers directly. Person states – “The Literary Agent said she will recover the money from the publisher and we agreed that every transaction will be above board hereon. Of course she insists that the practice is a done-thing in the Publishing world.”

Two things here:

1. It is unethical for literary agents to demand money. Honest literary agents make money after they secure a deal for you. That’s what the lifetime cut in royalties the agent gets (from your book royalties) is for.

2. Secondly, this practice is NOT a done thing in the publishing world. The literary agent alludes to it herself when she says that every transaction will be above board hereon, implying that the current transaction is not.

I wish the publishing industry were as with-the-times as the scamming industry.

Secondly – The amazing David Gaughran steps up to the plate with yet another must-read article for anyone considering self-publishing. He warns Indies against blindly trusting self-publishing outfits just because they happen to be aligned with known traditional publishing houses. Do yourself a favour and READ this article.

Last, but not least, Joe Konrath tells you why you should NEVER pay anyone to help you self-publish. Click here to read the article.

Literary Agents in the Brave New World of #selfpublishing

April 22, 2013 1 comment

In a blistering post David Gaughran takes on a newly formed ‘self-publishing’ company (if you want to know why I use the quotes, check out my self-publishing basics. I’m going to be updating that post in a couple minutes) and the literary agents backing it.

Whether you’re a published author, or are considering it, this post is a ‘must read.’

Click here for the post.

 

Shady Literary Agents

August 11, 2011 Leave a comment

Is there such a breed? There are scammers, no matter what the industry. Literary Agent Rachelle Gardner has some common sense suggestions in her post.

Click here  for the post.

Researching Literary Agent’s Track Record

June 28, 2011 8 comments

Googling “Literary Agent” brings up 3,060,000 entries, to give you an idea of how intimidating all of this can be to a writer wanting to get published.

Not that there are as many agents, but there are enough to confound the best of us. To make matters worse, there are scammers out there ready to help gullible writers part with their money.

Remember – you *never* pay an agent up front – not reading fees, not any other fees.You pay when the agent sells your book. The industry standard is 15% of your earnings (20% in case of foreign sales). See the “Literary Agent” section for a sample contract.

The agent doesn’t have to be a scammer to be bad. Plain incompetence on the part of your agent can easily destroy your career. So how do you begin to research the agent?

Click here for a great article on researching track records of agents by Victoria Strauss.

In addition to the sources Victoria lists, I’ve found the forums on Absolute Write invaluable. Just googling the literary agent often brings up a thread on Absolute Write.

Spam Arrives on Kindle

It was too good an opportunity for scammers to ignore. Taking advantage of Kindle’s upload by anyone policy, scammers have been ripping off lesser known authors. All it takes a name change and a cover change. Price it at $.99 and you’re set to go.

Then there are the spammers. They upload junk content. To a casual buyer, it is only $.99 right? They’ve made their money.

Kindle pays authors monthly, so it is quick turn around for the scammers as well as spammers.

Check out the article ‘Spammers, Content Farming, and Kindle: One Reason Why Your Book Can’t Be Found In The Abyss’ for another angle on this. Click here for this post.