Wednesday, November 03, 2021

Biden DOJ goes after major book publishing merger to "protect" established authors who live off advances; what is book "accreditation" ?

 

Huntsville AL 2014-5

Hoeg Law looks at a major Biden DOJ lawsuit based on antitrust acts, trying to stop Penguin Random House and Simon and Schuster from merging (#1and #4 trade book publishers in the US).

One theory is that established author advances would decrease reducing the capacity of some authors to earn a living and therefore reducing the choice of quality books for consumers.

Authors Guild mainly enrolls authors  who make income this way.

Yet Hoeg recognizes that self-publishing, if competitively a long haulm appeals to many writers.

There is a new service offered by some self-publishing companies called book “accreditation” which seems murky.

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