“This has been such a financially challenging time for so many authors. That the scheme has come from a partnership of private companies who simply believe that this is the right thing to do is very reassuring,” said Harris. “The value of a book goes beyond the value of the paper it is printed on, so it is great to see that original creators will see some benefit when their work finds a new reader. Previously, authors could only receive royalties on sales of new books, but the growth of the used book market, which is predicted to be worth £563m in the UK by 2025, had seen calls for a new approach to writer remuneration.Ĭhocolat author and chair of the SoA, Joanne Harris, welcomed the initiative. “This is all about giving authors recognition for the value they create and we hope other retailers within this space will eventually join us in this innovative voluntary initiative.” “As a writer as well as founder of Bookbarn, I was puzzled that authors, the very people who create the raw material of our business, were not benefiting,” said Pryor. Pryor said that he hoped that others in the industry will sign up to the scheme in future so it could expand. The first payments will be made in October and anything left over from the scheme’s £200,000 fund will then be donated to the SoA’s Authors’ Contingency fund. Participating retailers will share their sales information with the ALCS, which will match the works with their writer members and pay them their royalties as a lump sum twice a year. The Society of Authors (SoA) and the Authors’ Licensing and Collecting Society (ALCS) are supporting AuthorSHARE. Authors will be paid each time one of their books is bought directly from the World of Books and Bookbarn International websites, up to a cap of £1,000 a year.
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