Following our story from last week on authors receiving bad checks from Foundry Literary + Media for payments due — along with advocacy from the Authors Guild — we have learned that multiple large publishers have moved quickly to protect authors’ funds. The Penguin Random House royalty department told a representative of Foundry in an email shown to PL that they “have had several authors request bifurcated payments” and would be granting those requests. (When bifurcating payments, the publisher pays directly to the author their share — usually 85 percent — and pays the agency commission only directly to the […]
