When the UK’s Society of Authors chief executive Nicola Solomon wrote her ‘Profits From Publishing’ commentary on authors’ and publishers’ revenue for The Bookseller last week, she challenged publishers on behalf of the writer community “to state in their accounts how much they pay to authors, illustrators, and translators in advances, royalties, and secondary income.”
Not surprisingly, that call for publishers to reveal what they’re paying writers has triggered applause in some quarters and alarm in others.
And while The Bookseller has offered both Solomon’s point of view and the response of publisher Andrew Franklin, Publishing Perspectives wanted to go farther and get input from the literary agents’ community.
In response to our request, Lizzy Kramer, president of the UK’s Association of Authors’ Agents (AAA)—and an agent with David Higham—makes a point of appreciation for both Solomon’s statement and Franklin’s viewpoint.
“The AAA welcomes the debate instigated by Nicola Solomon’s article about publishers’ profits and indeed Andrew Franklin’s views on the same,” Kremer tells us.
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