Monday, January 17, 2011
Best-Selling Author Steve Farber Signs Deal Repurchasing Rights to his Top 100 Business Book
"We are extremely excited to sign such a prolific author to our thought Leader imprint and show the publishing industry that authors and publishers can truly partner in this world and that there is a third option that solves the economical injustice of traditional deals, while simultaneously solving the myriad of quality, marketing and distribution issues with authors who choose to self-publish," said Chris J. Snook, Editor-In-Chief of No Limit Publishing, following the deal signing on December 23 in San Diego, Calif.
"The Farber Deal" will consist of a co-investment by each party, a lucrative author-buyback provision, 50/50 split on net royalties for both digital and print formats and worldwide distribution rights for No Limit Publishing for a minimum of three years with renewals.
Farber has joined a growing list authors who are contracting with No Limit Publishing's proprietary Rising Author Modern Media Platform (RAMMP) program at an undisclosed sum. As part of RAMMP, No Limit Publishing Group will provide a complete multi-media, print and digital publishing and distribution plan estimated at a mid six-figure development level.
Posted by Brian Scott at 10:22 AM