Macmillan Surprises Authors

Macmillan Publishers, which includes Tor Books, has announced that they will pay royalties to authors based on estimated lost sales from the period when Amazon.com removed the “buy” button from Macmillan books during a period of negotiations over the pricing of e-books for the Kindle. The payment is called the “Amazon Kindle Outage Adjustment.” In addition, many authors will receive royalties based on 25% of net receipts, instead of 15% of list price, which will work out to the authors’ benefit.

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Tor Seeking Interns

Tor Books is looking for two editorial interns to work for the Fall 2010 semester. The internships will require either two full days or three half days each week and will be paid positions that have the interns proofreading, evaluating manuscripts and writing reader reports, and performing various administrative tasks.

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