Literary Agents Update Ethics Rules

News Podcast: Literary Agents Update Ethics Rules; Seven-Figure Deal Shelved Over AI Claims; Study Examines AI Books on Amazon

On this episode of Self-Publishing with ALLi, Dan Holloway covers a turbulent week for AI and publishing: the Association of American Literary Agents updating their Canon of Ethics to allow closer work with indie authors; a seven-figure publishing deal shelved within hours of an AI allegation; and a peer-reviewed study of 14,419 self-published Amazon titles finding that AI-generated books are commercially viable but outsold by human authors — while the number of titles grows twice as fast as revenue.
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AI In Self-Published Amazon Books

News Summary: What the Viral Study of AI in Self-Published Amazon Books Really Sets Out to Do

This story is related to the first of the week. I promise(ish—breaking news depending) no AI on Saturday, but the issues around Tuhin Chakrabarty's hugely impactful study on AI in self-published novels are so important and widespread I think it is warranted. Especially as this great piece in the New York Times brings out another angle of the story (with thanks to Jane Friedman, whose newsletter gifted the link from behind the NYT paywall).
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Inspirational Indie Author Interview: Julie Day

Inspirational Indie Author Interview: Julie Day Turns a Late Autism Diagnosis Into Inspiration for Young Readers

My ALLi author guest this episode is Julie Day, an autistic author and advocate from London who writes children's books featuring autistic characters finding confidence — the kind of books she never had growing up undiagnosed. Her path to indie publishing began with a recurring dream she had to write down, and it carried her through a late Asperger's diagnosis and a life-threatening heart illness she turned into a book to help others. 
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Anthropic Settlement Gets Final Approval

News Podcast: Anthropic Settlement Gets Final Approval; Simon & Schuster Launches Two Indie Imprints; Canadian Ebook Prices Back KDP’s Rate Rise

On this episode of Self-Publishing with ALLi, Dan Holloway reports that the Anthropic settlement has received its final legal approval, with nearly half a million titles eligible for a payout of around $3,000 — and legal fees cut to just over $100 million. He covers Simon and Schuster's second new imprint for indie authors, Simon Stream, offering 50 percent net ebook royalties, alongside the previously reported Pocket Books relaunch. And he closes with Canadian survey data showing readers are already paying an average of US$8.74 for ebooks — neatly vindicating KDP's recent royalty cap rise to $12.99.
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Simon And Schuster Launches Digital Imprint

News Summary: Simon and Schuster Launches Digital Imprint Simon Stream; Canadian E-book Spending Falls to Five-Year Low

It feels like it was only a few days ago that I reported on a Big Five publisher launching an imprint to target successful self-published authors. Indeed, I assumed that I was reading more about the same story I had reported on earlier this month. But it's not. Earlier in July, Simon and Schuster announced they were relaunching Pocket Books, the erstwhile mass market paperback imprint, as a press to publish two or three bestselling titles by previously self-published authors per month, with an emphasis on romance. The intention that time was to work with forward-thinking hybrid authors, as they put it.
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Financial Impact Of BookTok

News Summary: Can You Measure the Financial Impact of BookTok? (Apparently So)

We hear a lot about BookTok's positive influence on the creative world, especially among nascent young readers (alongside what we hear about its deleterious influence on the world's youth). In a scenario as old as Socrates, we have booksellers crediting BookTok with rescuing an industry as legislative crackdowns and curfews the world over would have us believe TikTok is an existential threat to the world's young (and some whisper from op-ed columns whether those two statements might refer to the same thing).
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