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Facebook stock is worth $7.50 a share at best

The Social Network Kool-Aid Acid Test

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    Welcome the massive three

    Kristen Lamb hits the bulls-eye again:
    Big Six Publishing is Dead-Welcome the Massive Three

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    Comment #210 by Vampire Syndrome on May 8, 2012 – 8:53 pm

    One begins to wonder about a new risk factor in signing with the Big Six. One or two of them might go under or merge in the next few years (to say nothing of the smaller imprints). And they would take the publishing rights of many their authors’ books into limbo with them. Any books with the copyright in the publisher’s name, any contract not including rights of reversion to the author when the book goes out-of-print, any contract with nebulous clauses, etc. etc. Some authors will end up having to buy the rights back to their own books. Others won’t be so lucky…