Points: 0
A new US start-up offers enviable royalties - for those who can afford to sign up.
After many months of rumours circulating in New York, the announcement finally came about Authors Equity, the start-up that Madeline McIntosh, the former US c.e.o. of Penguin Random House whom Bertelsmann parted company with 13 months ago, has been planning...
At a time when other new models are being tried in US publishing - such as Molly Stern's start-up Zando, involving major influencer imprints, and the independently revived Spiegel & Grau - McIntosh is trying something different that seems to be taking lessons from all those successful independent and hybrid authors out there. It's not for nothing that she spent a crucial two years working for Amazon between her stints at PRH.
Revisiting? Don't forget to sign in!
'Ideally, the writer needs no audience other than the few who understand. It is immodest and greedy to want more.'