New publisher plans to offer budding authors £24,000 salary

De Montfort Literature will employ an algorithm ‘to identify career novelists’, and hopes to free its writers from second jobsEven the most revered authors held down day jobs, from TS Eliot’s time at Lloyd’s to Walt Whitman’s stint as a government clerk. Now a “successful hedge fund with a passion for literature” is offering wannabe novelists the chance to turn literature itself into the nine to five, by offering a salary to its writers.De Montfort Literature, a new publishing company that is part of London hedge fund De Montfort Capital, is offering a £24,000 starting salary to writers who pass its selection process, which includes an algorithm that is “designed to identify career novelists”, psychometric tests and interviews. With up to 10 places initially available, De Montfort will also offer mentors and editors to provide advice and support, as well as designing, promoting and publishing the work. Authors would receive 50% of profits. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2018-06-01 00:00:00 UTC ]
News tagged with: #day jobs #ts eliot #walt whitman #selection process #provide advice

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Adobe Technology Powering Massive Growth in Digital Publishing

BARCELONA, Spain--(EON: Enhanced Online News)--At Mobile World Congress, Adobe Systems Incorporated (Nasdaq:ADBE) today announced that more than 16 million digital publications were powered by Adobe® Digital Publishing Suite across tablets o ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-02-27 00:00:00 UTC ]
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Drag; Drop; Read: Apple's New iBooks Author Format

In early January, Apple released iBooks Author, a groundbreaking drag-and-drop ebook authoring environment that promises to democratize the production of complex, structured books, notably including textbooks. But iBooks Author could also presage something else: the eclipse of open ebook standards. Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-02-27 00:00:00 UTC ]
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Specialist publishers pile into e-first titles

Specialist publishers are expanding their digital strategies, with Wiley, Aurum, Icon and Lonely... Continue reading at The Bookseller

[ The Bookseller | 2012-02-27 00:00:00 UTC ]
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Little, Brown to publish J K Rowling's first adult novel

Little, Brown is publish J K Rowling’s first novel for adults worldwide in the English... Continue reading at The Bookseller

[ The Bookseller | 2012-02-23 00:00:00 UTC ]
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Lindles: Jeremy Lin, Amazon Kindle, And The Rise Of Insta-Authors

Jeremy Lin has inspired a lot of rabid fans, magazine features, and six-figure book deal offers. But he's also fueled a new breed of lightning-fast ebook authors. Alan Goldsher, author of "Linsanity: The Improbable Rise of Jeremy Lin," is one of the fastest (and slickest). In the days before... Continue reading at Fast Company

[ Fast Company | 2012-02-23 00:00:00 UTC ]
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UK publishers' "concern" over Amazon ebook removals

UK publishers have expressed concern Amazon’s use of “power” to remove the e-... Continue reading at The Bookseller

[ The Bookseller | 2012-02-23 00:00:00 UTC ]
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Barnes & Noble offers to repartition Nook Tablet storage, concedes you may need more than 1GB

Are you one of the many infuriated with Barnes & Noble over how it partitioned the storage on the Nook Tablet -- leaving you just 1GB for you own files? Well, it looks like the company has learned from its mistakes. While only about 5GB is free to load with apps and media on the new 8GB... Continue reading at Engadget

[ Engadget | 2012-02-22 00:00:00 UTC ]
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iMedia Revenue Ltd. Provides Newspaper Publishers With Forum For Online Business Opportunities

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[ Editor & Publisher | 2012-02-22 00:00:00 UTC ]
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Academic publishing facing "unprecedented challenges"

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[ The Bookseller | 2012-02-22 00:00:00 UTC ]
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French authors contest new law on orphan works

French authors have been signing a petition contesting a law for scanning and selling orphan and... Continue reading at The Bookseller

[ The Bookseller | 2012-02-21 00:00:00 UTC ]
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Alma to set sail with Lightship author

Alma Books has acquired a debut novel set in the swamps of Louisiana, after discovering the... Continue reading at The Bookseller

[ The Bookseller | 2012-02-20 00:00:00 UTC ]
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Libraries, Tech-Smart Authors, and the Coming Digital Apocalypse

Whatever else can be said about Tools of Change, O’Reilly Media’s traveling road show on publishing and technological change, it seems to come along just when a concentrated dose of discussion—or perhaps muted confrontation—is needed. Over the course of the three-day conference in New York City,... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-02-17 00:00:00 UTC ]
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New indie presses plan bold bespoke lists

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[ The Bookseller | 2012-02-17 00:00:00 UTC ]
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Houston Chronicle’s La Voz to Increase Circulation to 150,000

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[ Editor & Publisher | 2012-02-16 00:00:00 UTC ]
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International publisher alliance shuts down piracy site

An international alliance of publishers, including Cambridge University Press, Elsevier and... Continue reading at The Bookseller

[ The Bookseller | 2012-02-15 00:00:00 UTC ]
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[ The Bookseller | 2012-02-15 00:00:00 UTC ]
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Publishers need to expand digital backlist, says Bilbary founder

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[ The Bookseller | 2012-02-15 00:00:00 UTC ]
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Inkling Introduces Cloud-based Publishing Tool

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[ PC World | 2012-02-15 00:00:00 UTC ]
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Newsday Wins Three New York News Publishers Association Awards for Excellence

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[ Editor & Publisher | 2012-02-14 00:00:00 UTC ]
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Ebook Publishers Want Library Borrowing to Be Difficult

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[ PC World | 2012-02-13 00:00:00 UTC ]
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