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December 22, 2003


Lower Textbook Prices May Not Equal Lower Royalties

Literary Agent and Author's Attorney Michael Lennie said the current push by students, faculty and lawmakers for more affordable textbooks won't necessarily affect author royalties. "Author royalties depend on three parameters: royalty rate, sale price and unit sales," he said. "If there is a reduction in royalty rate, a corresponding reduction in sales price, but an offsetting increase in sales, the cumulative royalties will remain the same. But to make this work, the reduced sales price would have to discourage a sufficient number of resales of used books combined with pirated copies, to make up the difference with volume."

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Lennie: Buyer Resistance Late in Coming, But Not Unexpected

Literary Agent and Author's Attorney Michael Lennie said the real issue regarding the current push by students, faculty and lawmakers for more affordable textbooks is what will the market tolerate? For the last 15 to 20 years, said Lennie, publishers have been raising the price of textbooks with little resistance from schools and colleges: "The buyer resistance is late in coming, not unexpected. The current crop of major publishers, let alone authors, will not have the controlling say on where the market is headed. The market will go where the market will go." He advises authors to pay attention to where the market is going regarding new publishing concepts and new products, especially electronic products, and try to be there first. "In doing so you will more than make up for any lost royalties based on price point," said Lennie.

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Bill Would Turn Textbook Choice Over To Task Force

The Payson Roundup (Payson, AZ) reports that a bill to be introduced in the state legislature in January would take away local school districts' right to choose their own textbooks. Instead, a 10-member task force would choose for school districts across the entire state. The bill is being introduced by Senator Robert Blendu. If you would like to sound off on this issue, write a column and send it to Kim Pawlak, Editor at [email protected] Include your name, title, college or university affiliation (if applicable), phone and email address.

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Textbook Choice Turned Over to Administrators

The Baptist Standard (Pineville, LA) reports that Louisiana College trustees have approved a new policy that requires approval of faculty-selected textbooks for classes by the College's department chairs and the vice president of academic affairs. Opponents of the new policy say it is not only infeasible to get approval for all learning materials used by all faculty for all classes, but the policy will also damage the college's reputation, devalue degree programs and hinder recruitment and fundraising efforts, reports the paper. If you would like to sound off on this issue, write a column and send it to Kim Pawlak, Editor at [email protected] Include your name, title, college or university affiliation (if applicable), phone and email address.

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Symposium Papers To Be Published Online

Cold Spring Harbor Laboratory Press and Atypon Systems have partnered to bring the Laboratory's biology series, a set of volumes containing papers delivered at the Cold Spring Harbor Laboratory Symposia held each June at the Laboratory, online for the first time. Atyphon will provide its Literatum software and hosting service as the underlying publishing platform for the Symposia's online site.

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Membership in TAA continues to grow

As of the end of 2003 membership in TAA stands at 1279. The continued addition of new members results in large part from the active workshop program sponsored by TAA, the updated, active web site, news alerts, and TAA efforts to expand services to members. Remember gift memberships are available. If you know a colleague who you feel could benefit from membership in TAA, you may send them a gift membership in 2004 for only $15. Contact TAA at [email protected] for more information.

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TAA Calls For Nominations For TAA Leadership

TAA is calling for nominations for three positions on its governing council, vice president, treasurer, and two council positions. The two-year terms start in June 2004. Officers and council members meet twice a year (in January and at the annual convention), and officers meet via monthly telephone conferences. Members may nominate themselves or any other member for the open positions. The deadline for complete nominations (including a written biographical statement and a written position statement) is February 1, 2004. Nominations can be made to the TAA office: (727) 563-0020 or [email protected]

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