Macmillan to Close Its Self-Publishing Unit, Pronoun - Publishers Weekly

Today, as soon as Panzer entered the Catosphere he discovered something was wrong. The Panzermobile was buffeted and knocked around by all the crying and shouting. Following the sounds of distress took our brave kitty boy to the Publishers Weekly site. There he found breaking news about self-publishing platform Pronoun's fate.

How humans hunt: Catch. Eat. Kill.

In a post by Calvin Reid Panzer learned Pronoun is being closed down. Pronoun is platform similar to Smashwords. Indie authors/publishers upload their material to Pronoun for distribution to retailers. As of now the Pronoun platform won't accept any new author/publisher accounts.  It will totally shut down all accounts and distributions on January 15, 2018. Macmillan bought Pronoun in May 2016. No announcement has been made by Macmillan about the shut down decision.

Panzer says, "Umm ... Nobody needs to make an announcement about anything. It's simple.  Buy your competition and then shut them down."

Note: This is a medium post. Bring a cup of tea and a muffin for today's reading selection. (If you're a Pronoun platform user, you'll probably want a box of tissues too.)

To read the post, tootle over to Pronoun closure

Draft2Digital Drops Minimum Payment to PayPal & US Directi Deposit - The Digital Reader

Panzer made a quick trip to The Digital Reader site today. After a little digging around there our inquisitive traveler is doing the happy kitty dance. He uncovered a post about Draft2Digital's new payment program.

According to the post by site owner Nate Hoffelder, Draft2Digital (D2D) will now make payments to authors' PayPal accounts or U.S. bank direct deposits on a regular schedule no matter what the monetary amount. Previously D2D would only issue payments when authors reached a minimum amount. D2D's competitor Pronoun is also offering this payment option. Mr. Hoffelder speculates the shrinking indie author market is driving the better author payment terms.

Always watch your competition.

Panzer says, "Umm ... I think Draft2Digal and Pronoun are both a little late to the party. Amazon dropped the minimum payment requirement three years ago."

Note: This is a short post. Bring a cup of tea for today's reading selection.

To read the post, tootle over to Draft2Digital