In Publishing News this week…
I was contacted today by a writer notifying me of a new scam… on the surface I saw nothing wrong but the writer pointed out that the agent in question should have never used the words 'payment remittance advice' from a financial controller.
Now you may think that is so under the radar as to be easily overlooked but the author in question went back to the agent. (Note: You should always do this. Ring them and talk in person.) The agent had clicked on a link and inadvertently installed malware on his computer which then gathered up all his email addresses and used them to contact authors… promising money which the authors clicked on spreading the malware.
Authors are so poorly paid, of course we are going to click on anything that promises us royalties.
However, this kind of scam targets the financial affairs of agents and publishers. How many of them have tight controls over who can access their financial accounts… and their authors financial accounts? How secure are they? The author who alerted me to this commented that with everyone having to use 2 factor identification all the time elsewhere it seems absurd that publishers and agents aren’t doing the same to limit peoples access to their own accounts.
Victoria Strauss of Writer Beware has updated the fake agent scam that hit last year… it seems there are many variations around and this year the scam trend continues. Over Summer I had a fascinating conversation with a bank analyst who told me the biggest banking scams were targeting lawyers who thought they were savvy. Always check up- by phone, not return email.
Meanwhile Publishers Weekly reports that Adelaide Books who got into hot water when they grew too quickly and fell over when Covid hit is trying to make things right. But it is a cautionary tale which has the Authors Guild spluttering with rage on behalf of the 450 authors involved.
Publishing Perspectives has named the main stage speakers for London Book Fair. The usual CEO’s are speaking but the subjects reflect the hot topics in Traditional publishing; copyrights, licensing, sustainability of their business, supply chain woes, along with inclusivity and how to get more eyeballs. I wonder if they will come up with any solutions?
Sales numbers are a hot topic if you are a publishing CEO – The latest figures from Nielsen and the Association of American Publishers makes interesting reading or if you’re Mark Williams of The New Publishing Standard only a pointer to what he has worked out is the true figure, which is many billions more than Nielsen and AAP think.
With the news this week that Harper Collins is going into mediation with its striking staff – a muted cheer went up among HC authors and agents. Today Harper Collins announced they are laying off 5% of their workforce- OUCH.
AI images and the threat to income dominates the artists water cooler talk. Two of the main image suppliers Getty and Shutterstock have formed opposing camps. Shutterstock is partnering with AI and Getty has released a formal statement taking AI to court.
In lighter news…
Kris Rusch has an interesting tale around the theme the problems in your writing are the problems in your life.
Ruth Harris asks if you are guilty of the Writing No No’s which may be ruining your book and Daphne Grey- Grant has an interesting article on how to prepare an annual writing plan.
In The Craft Section,
Units of story- StoryGrid- Bookmark
2 great articles from the Dream Team. How to choose the right
kind of conflict and How does internal conflict fit into the character arc- Angela Ackerman and Becca Puglisi
Transition sentences- Grammarly – Bookmark
Developing a scene outline for your novel C S Lakin- Bookmark
In The Marketing Section,
Should you hire a book publicist- Sandra Beckwith- Bookmark
10 tips for author blog traffic- Anne R Allen
7 ways to build direct connections with readers- podcast with Penny Sansevieri
8 author website marketing mistakes- Penny Sansevieri- Bookmark
Selling Books direct- Joanna Penn in conversation with Steve Pieper- Bookmark
Elizabeth Spann Craig has a nifty blog with a great roundup of articles but this week she shone a spotlight onto her 7 favourite resources for writers. Do you use any of them? If you have something to add to the list – feel free to comment below.
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