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And we thought that e-book authors were the only ones particularly gifted with the ‘Shaft-Me’ device. *Jokes*

I know I’m coming in a bit late on this, however apparently, HQN recently sent out a letter to their authors basically telling them that they were going to be digitising their backlists. This is a good thing obviously, but the problem is, they only want to offer them 15% net royalty payments. (How is net calculated again?) Apparently the standard within major publishers is 25%, which quite frankly seems pretty low to me anyway, for a vastly less expensive way to produce a book.

Here’s the letter, taken from E-Reads.Com: (more…)