New Revenue Opportunity for You and Your Authors
Frankly, I'm always looking for new revenue opportunities for my authors so I read the email.
(Redacted) is an innovative ebook publishing house committed to the promotion and exposure of its authors throughout the publishing industry. We are now accepting 2010 submissions for electronic-format books (ebooks) of full-length fiction and nonfiction titles and short stories.
Working with (redacted) is an opportunity for agents, their authors, and (redacted) all to achieve success:
Despite the huckster quality of the prose, I'm interested in ways my authors can have electronic versions of their books, so I read on.
Agents can realize a new source of revenue that may not previously have been available to them.
Authors have the opportunity to be published and sell their books now—while they may or may not continue to pursue mainstream publishing.
We currently offer you three primary categories of referrals and compensation on manuscripts/authors that you refer to us and for whom we publish works.
And we're done.
From interested to completely "not going to touch this with a ten foot pole" in three paragraphs.
Because the AAR Canon of Ethics is pretty clear about accepting referral fees/kickbacks/finders fees or whatever you want to call the dosh: No. Can. Do.
Here's the text copied from the AAR website:
A member who represents a client in the grant of rights in any property owned or controlled by the client may not accept any compensation or other payment from the acquirer of such rights,
And I think that's a good idea. I like the idea my clients can trust me for objective advice. They never need to wonder if I'm recommending a deal or a publisher cause I'll get a little extra under the table.
So, where did this company go wrong? They didn't do a single modicum of research. They certainly didn't ask an agent about the text of the letter. Any agent would have caught that.
And if they'd left it off? I would have happily called them, or gone to their website or asked the next question. And the truly hilarious part of this: they'd make more money too!
There's no way to do a deal with these guys even if I didn't take money, cause it's right there in black and white that they offer it. The equivalent of "I didn't inhale" and no one believed that either.
I almost feel sorry for these guys.