4 Comments
User's avatar
Gridhunter's avatar

It is referred to as a "goodwill" payment for a few reasons. To include corporate accounting and the complete lack of legal obligation.

Laran Mithras's avatar

I have heard so many stories about authors getting ripped by small-mid publishers. I had tried once to get in with Ellora's Cave. Turned out the lady owning it was jaunting around on massive shopping sprees while delaying-delaying-delaying and eventually just refusing to pay due royalties.

Then, she refused to release claim on the published titles - essentially denying the authors ownership of their own work.

Glad I stayed indie. Have turned down a few publishing offers since. Why bother? Bragging rights?

Patrick Abbott's avatar

With everything crowd funded before, it's amazing this company tanked. Such horrid ownership.

Unless you are the star of the big five, indie is now the way to go.

NeverForget1776's avatar

A perfect example of how America is NOT a system of Capitalism but of Crony Capitalism. A not sop open/free market where those with $ can purchase government protection and favoritism. And its; been like this since the 800's when the railroads purchase government protection from competition.

Capitalism is the best system but it's not what we have today and anyone saying it is, is lying to themselves.