The Authors Guild has posted what executive director Paul Aiken calls “probably the most strongly-worded alert we’ve sent out in years,” about a proposed contract amendment sent by Wiley to Bloomberg Press authors. Calling Wiley’s communication “deceptive,” the Guild’s objections include a proposal to turn list price royalties into net royalties and a POD clause that would “empower Wiley to keep an author’s book in print with a lowball print on demand royalty of 5% of net receipts,” a rate “as low as we’ve seen.”Post
