Yesterday Harlequin announced "the launch of Carina Press(TM), a digital-only publishing house that will operate independently of their traditional publishing businesses." Both the contract and distribution channels are very different:
Carina Press will sell its e-books direct-to-consumers via their website here.
Angela James, well-known editor from Ellora's Cave and Executive Editor at Samhain--and most recently associated with Kassia Krozser's now defunct Quartet Press--will be the new venture's Executive Editor. Angie also announced her new gig on her blog yesterday here.
Carina Press' website had this to offer:
Go here to read the press release.
Earlier this year Harlequin celebrated its 60th anniversary. I remain impressed by the company's think-outside-the-box mentality. They've accepted the crumbling of their book club empire, but revived the direct-to-consumer sales with an e-book division. AND they are moving to a straight royalty, no advance approach which has the potential to make the author a true partner in the deal.
I'll be curious to see what kind of royalty rates Harlequin offers their new "partners."
Both the contract and distribution channels are very different: