Sunday, August 19, 2007

Triskelion

DearAuthor have a good summary of what is going on with the Triskelion bankruptcy. One crucial detail is that there is only about $800 in unpaid royalties on the record. I suspect more than that is outstanding and would encourage writers to pursue outstanding amounts even if they are small. Documenting the debt should be possible without incurring significant expenses. If any money is going to be recovered authors should get their fair share--and the extent of the shortfall should be made public.

1 comment:

Anonymous said...

They're in bankruptcy and the authors are counted as separate, not a single entity. Creditors like Barnes and Noble, and the computer company, will be paid first. Plus, it will be pennies on the dollar.
There are strong suspicions that Triskelion was skimming, but there's not much that can be done about that, either.