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This is a monthly e-mail update for subscribers only, sent from
U-Publish.com, the web site named for the revolutionary guide
to new methods for publishing and promoting books by Dan Poynter
and Danny O. Snow.  Get the paperback, now available to order
from all major bookstores and online booksellers, or order direct
from us at http://www.u-publish.com/order.htm with free shipping.

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*** Random House Reduces e-Book Royalties *** 
 
NEW YORK -- The trade division of Random House has decreased the
royalty rate given to authors of e-Books from 50 percent to 30
percent for book contracts signed after May 31, according to a
report by the Authors Guild.

The new e-Book royalty rate may be an indication that the largest
trade book publisher sees e-book sales as a significant source
of future revenue.

In a related story from BEA, a major e-Book player, Overdrive
founder Steve Potash, reported that more than 400 libraries
have now established e-book collections.  Poynter and Snow have
long held that in spite of limited use by individual readers,
e-books are perfect for libraries.

Following the short-lived e-Book craze that followed Stephen
King's release of "Riding the Bullet" in March 2000, many
publishing industry observers expressed disappointment that
e-Books did not gain widespread acceptance with the reading
public.

Poynter and Snow maintain that the fundamental economics of
e-publishing virtually insure that e-Books will someday play
a significant role in the book world... the question is more
WHEN, than IF.

The reports above suggest that the market for e-Books is
starting to mature, however gradually.  Once revolutionary
and largely the domain of smaller, independent publishers,
e-Books are slowly and steadily entering mainstream pub-
lishing industry channels.

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*** Snow to Appear on "Ask Heloise" ***

Co-Author Dan Snow has been invited as a guest on the popular
"Ask Heloise" radio show in August.  The program reaches more
than three million listeners each week, in all 50 states and
overseas.

Snow will discuss rapid changes in the world of books since
2000, and where the publishing industry is headed in the new
millennium.  He was interviewed on related topics in a webcast
for VoiceAmerica (see http://www.u-publish.com/samepage.htm
for talking points) in January 2004.  It covered POD, Poynter's
New Book Model, e-books and the future of publishing.

Details on the August broadcast will follow in the next issue
of this newsletter.  Please tune in to your local Liberty
Broadcasting radio affiliate or listen to the program online
at http://www.heloise.com/radioshow.html from overseas
locations.

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Please feel free to forward copies of this bulletin to your
fellow authors and publishers.  This is a free service that is
available to anyone in the book world upon request.  We don't
endorse specific products or services, and we do not accept
advertising.  You may subscribe or un-subscribe at any time.

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*** Dylan Thomas Prize ***

The Dylan Thomas Literary Prize will be simultaneously launched
in Swansea (Wales) and New York City, on October 27th 2004.

Preliminary announcements from the promoters state that
a prize of 50,000 British Pounds (almost $100,000 USD) will be
awarded to the most outstanding literary talent, under age 30
at the launch date, writing a published work in the English
language.  Writers are advised to check later this year for
confirmation: http://www.TheDylanThomasPrize.com

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*** Reminder: Mona Schreiber Prize ***

Writers of comedic essays, articles, short stories, poetry,
shopping lists and other forms are invited to submit.
Works up to 750 words in length should be typed, double-spaced,
accompanied by a money order or check for $5 to cover admin
costs, payable to "The Mona Schreiber Prize."  Multiple entries
permitted but each must pay a separate fee.  Put contact info
on the first page.

No SASE needed. Include e-mail for notification of winners.
All entries must be postmarked by December 1 for a December 24
announcement of three winners: 1st: $500. 2nd: $250. 3rd: $100.
All receive copies of What Are You Laughing At?: How to Write
Funny Screenplays, Stories and More by Brad Schreiber.

Entries are not returned and must be unpublished.  Humor is
subjective.  Uniqueness is suggested.  Weirdness is encouraged.

The Mona Schreiber Prize for Humorous Fiction and Non-Fiction
11362 Homedale Street, Los Angeles, CA 90049.

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*** Quotation(s) of the Month ***

From a literary "feud" between two great writers came this
classic exchange of barbs:

"He has never been known to use a word that might send a reader
to the dictionary." -- William Faulkner (about Ernest Hemingway)

"Poor Faulkner.  Does he really think big emotions come from
big words?" -- Ernest Hemingway (about William Faulkner)

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Inside tip from Poynter and Snow:
ALWAYS READ THE FINE PRINT!
Here's ours:

This is a free e-mail bulletin from U-Publish.com, the Web site
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Please feel free to forward copies of this message to fellow
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to anyone in the book world upon request.

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