Get LISNews via email! Enter Your Email Address:
Social media self-promotion scheme draws authors including Margaret Atwood
As bookshops teeter and publishers sway in the shifting landscape of the digital age, authors are being urged to go out and find their own readers by a new $20m (£12.5m) fund that will pay them a dollar for every book sold.
With early adopters including Margaret Atwood and FlashForward author Robert Sawyer – who claimed the scheme would have added $20,000 to his income from audio over the past two years – the fund is being launched by digital audiobook site Audible at the London Book Fair this weekend. Authors who sign up will be encouraged to use social media to promote their work, and will receive $1 for every audiobook sold from Audible.com, Audible.co.uk or iTunes, on top of their royalties