Starting April 2, libraries will be allowed to offer digital copies of Penguin Group’s newest releases – at the same time print copies of the books release, according to the Associated Press.

It’s a switch from the publisher’s previous stance, which required libraries to wait six months before offering ebook copies of new titles.  

Publishers placed restrictions on library ebooks because they worried about losing sales.

According to the Associated Press, Penguin has tracked ebook usage at libraries and decided the library downloads had an acceptable impact on commercial revenues.

Penguin publishes popular authors such as Khaled Hosseini and Harlan Coben.

Access to library ebooks will still be limited. Libraries can lend one ebook version of a title at a time, and must pay yearly to continue making the ebooks available for library patrons.

It’s the kind of Cinderella story every author dreams of.

The Wall Street Journal reports bestselling, self-published author Hugh Howey signed a six-figure, print-only deal with Simon and Schuster. The unusual deal allows the author to keep all digital rights.

Of course, unlike most authors, Howey had plenty of leverage to negotiate a deal to his liking.  His thriller, “Wool,” has sold more than a half-million copies.

According to the WSJ, Howey was already raking in $120,000 a month, so he had little incentive to give away digital rights.

Other self-published authors, like romance novelist Bella Andre, have also negotiated print-only deals. Again, Andre had plenty of negotiating power, since she’d already sold 1.5 million copies of her books on her own.       

Click here to read the full article.

Harlequin is changing its ebook royalty rates for authors. The news came late Friday so the analysis of how this impacts authors in practical terms has yet to be done.

Author Courtney Milan recently walked away from a deal with the publisher because she thought she could come out ahead by self publishing. According to Milan, Harlequin was offering 8 percent of the digital cover price of her books.

Under these new terms, authors will receive 25 percent of NET receipts for each ebook sold. Here’s the letter Harlequin sent to its single title authors:

Dear Author,

The landscape of digital publishing continues to evolve at a fast pace and Harlequin is at the forefront of this evolution. In 2007 Harlequin was the first publisher to simultaneously publish print and digital editions of our entire frontlist. Since then we have also digitized and brought to market our backlist and now have a current catalogue of over 11,000 ebooks! Harlequin invests heavily in digital marketing efforts to promote our authors and their books, with activities ranging from newsletter programs, advertising, search engine marketing, social media properties, website development and distribution through leading ebook retailers.

Harlequin has been closely monitoring developments in digital publishing, including author compensation. As you know, until now Harlequin’s position has been that digital royalty rates as a percentage of cover price is a more transparent way to pay authors than as a percentage of net receipts: authors know exactly how many copies they sold at what price and their compensation is not affected by unspecified costs. Over the past several months we have worked to ensure a smooth transition from the current percentage of cover price calculation to a net receipts calculation while maintaining the same transparency. As such, Harlequin will be amending digital royalty rates.

Effective January 1, 2012, single title authors who are actively writing for Harlequin will receive a digital royalty rate of 25% of net digital receipts for each digital unit sold in the English language, United States and Canada, frontlist and single title backlist.

Given that these are more favorable terms than those in your existing contract(s), this notification will be considered the amendment to those contract(s). If you wish to maintain the existing terms of the contract(s), please let us know by Friday, July 15th 2011.