Penguin Launches Rip-Off Self-Publishing Service
Penguin has unveiled a self-publishing service – which will operate under the aegis of its online writing community Book Country – but questions are being asked about the huge fees they are charging, and the massive royalty cut that they are taking (on top of what retailers such as Amazon charge).
This topic has already been covered by bloggers such as Joe Konrath, Katie Salidas, Linda Welch, and Passive Guy. Their posts are worth reading in full – especially the comments where you can see the widespread disapproval of this move from the self-publishing community.
However, this message needs to be repeated again and again to reach as many writers as possible to steer them away from this truly awful deal, and to counter the wall-to-wall, uncritical coverage from the likes of eBookNewser, Publishers Weekly, and the Wall Street Journal. Read More…