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In an unusual (the article uses the word "radical") change of direction, HarperCollins Publishers is turning over a new leaf, so to speak. Its new book publishing company won't accept returns from retailers, and will be paying little or nothing in advances to authors.
HarperCollins.
Read more here for the full article. (The first link I provided required a subscription; this one does not.)
Highly recommended.
--tps
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