Everyone's heard of James Frey via his now infamous "biography" that never happened. Now Frey is back in the media & just like last time it's not for anything good. Recently Frey has come under fire for hiring hopeful authors in search of a break, then giving them one of the worst gigs ever.
In what is quite possibly his sleaziest move yet, Frey hires these authors (most of whom might be unaware of what they're getting themselves into), pays them a pittance to churn out books- books they don't even have any rights to. I'm not talking about some newbie coming on to help write the new Fear Street book or something along these lines. Nope, this is about some newbie coming on & writing their own original stories & characters, then losing all right to said stories & characters because under the agreement it belongs to James Frey's company.
I'm going to quote NY Magazine on this:
"Veteran publishing attorney Conrad Rippy said he had never seen anything like it:
It’s an agreement that says, “You’re going to write for me. I’m going to own it. I may or may not give you credit. If there is more than one book in the series, you are on the hook to write those too, for the exact same terms, but I don’t have to use you. In exchange for this, I’m going to pay you 40 percent of some amount you can’t verify — there’s no audit provision — and after the deduction of a whole bunch of expenses.”"
I can only hope that no new authors sign onto this company.