Publishing Trendsetter is a production of Market Partners International and Publishing Trends.

Top 5 Publishing News Stories 6/15-6/19

number_5_orangeEvery week we recommend 5 publishing news stories that young book professionals should read to feel more connected to what’s going on in the industry. There are only 5, so even if you weren’t able to read a thing all week, these should help keep you in the know.

The Authors Guild released a statement that its Fair Contract Initiative will take on royalty rates and new contract limits, among other things.

Amazon and Penguin Random House reached a long-term agreement.

Melville House sent copies of the Torture Report to the presidential candidates, with the hope that it will help them “clarify [their] position on the legality, morality, and efficacy of torture.”

Amazon announce a new royalty payment structure for authors on Kindle Unlimited, which will now only pay authors for pages that are actually read.

Smashwords will now allow authors to take preorders up to one year before uploading their finished manuscript and cover image.

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