Vanity Publishers: BEWARE
What Does It Mean?
In the wiki, it says:
"A vanity press, vanity publisher, or subsidy
publisher is a publishing house in which authors pay to have their books
published."
What Does It Mean to Me?
A publisher that exploits the fundamental flaw in
the nature of amateur authors—the dream of becoming the next Dan
Brown or J.K. Rowling—and extracts money.
Known Vanity Publishers
Examples include:
- Dorrance
Publishing Company
- Commonwealth
Publications (Source: SFWA)
- AuthorHouse UK
But this is my story with one of
them: Pegasus Publishers.
๐ My Journey with Pegasus
First Submission (2017)
- 23rd
May 2017 when I submitted 'Finding an Indian Bride' book for the
first time to submissions@pegasuspublishers.com.
- Laura
Bayne replied: "I've put your sample chapters forward for
our initial review process, which takes approximately 2–3 weeks."
- 13th
June 2017: Received another mail from Laura: I am writing to thank you
for your recent submission of work and for your patience in awaiting our
response. We would like to invite you to submit your full manuscript for
further consideration for our new lists.' (Of course, this is just a
snapshot. The original message is longer.)
I was genuinely excited—this was one of the first times a publishing company had said “yes” to me. At the time, I didn’t even know what vanity publishing was. I submitted my full manuscript and eagerly awaited a positive response, hopeful that my hard work might finally see the light of day. Looking back, it’s a journey many authors go through, learning the difference between genuine publishing opportunities and those that take advantage of our passion.
- 16th
August 2017: Rejection. We are sorry to inform you that the
Publishing Board has decided that the above work is not something that it
feels able to take on at the moment. We would like to thank you for taking
the time to submit your work to us, and we sincerely wish you every
success in placing your manuscript elsewhere.
But wait—before you jump to conclusions and call these sour
grapes, just hold on—story abhi baki hai, dost (this is just the beginning, my
friend).
I took their decision with a pinch of salt and used it as motivation to improve. I reached out to proofreaders and beta readers to refine my manuscript further. The journey continues, and every rejection is just a steppingstone to success.
Second Attempt (2019) Then two years later.
- 06th
April 2019 I re-submitted the same work, and Elaine Wadsworth
replied on 08th April 2019, "I am
writing to thank you for your recent submission of work and for your
patience in awaiting our response. We would like to invite you to submit
your full manuscript for further consideration for our new lists."
Phew, it was quick. Just two days for the full
manuscript, they must be dying to read the whole story.
- 09th
April 2019 Sent full manuscript.
- Elaine
Wadsworth replied, Thank you for your email and for sending the entire
manuscript. We have put your manuscript forward for our initial
review. Please allow up to 8 weeks for the submission review process to be
completed. If the editor considers the work to be appropriate for
our lists, we will put forward an offer of publication, either
under a traditional contract or a shared cost inclusive contract.'
Fingers crossed
- 25th
June 2019: Suzanne Mulvey replied (I am sure most of the authors who
have contacted Pegasus know her.) : Dear Vinay, Thank you for your
patience during the submission process. We enjoyed FINDING AN
INDIAN BRIDE and would very much like to publish your work. We
are, however, at the present time, unable to offer you a traditional
contract. If you are interested in receiving information on one of our
inclusive contracts where the cost of production is partly shared with the
author, please let me know, and I can send you the details. I have
attached our publishing guide for further information.
I felt like I was standing at the summit—on top of the
world. I truly believed this was the moment I had been waiting for. But once
the adrenaline faded and my mind cleared, I began to digest the phrase
“inclusive contracts where the cost of production is partly shared with the
author” a little differently. Still, I held on to hope. After all, why
shouldn’t I bear part of the cost? I thought I could manage that much.
This moment marked the beginning of a new phase, one where cautious optimism met the reality of publishing contracts and what they truly entail.
- 01st
July 2019, and she asked me to sign digitally and revert back. The
agreement was well written, and I didn't want to paste the entire content
here, but just the once that mattered to me the most.
Part of the contact
15 ADVANCES
It is agreed that the author shall, in consideration of the
undertakings, services, and expenditures made on the part of the Publisher, in
accordance with the terms of this agreement contained herein, pay to
the Publisher the sum of £2400 GBP for
the publication of the work. If the Publisher should fail to publish the work
as specified in clause 5 supra, the author shall be entitled to a full and
complete
reimbursement of this payment within thirty (30) working
days of the said failure.
16 ROYALTIES
The Publisher for his part agrees to pay, to the author,
royalties as follows: Subject to the terms and conditions set out in this
agreement, the Publisher shall pay to the author the following payments in
respect of the work sold:
Home & Export Sales: a royalty of TWENTY
FIVE PERCENT (25 %) of the net sales price.
E Book Sales: a royalty of FIFTY PER ENT (50%) of
the net sales price.
Audiobook Sales: a royalty of FIFTY PERCENT
(50%) of the net sales price.
17 SUBSIDIARY RIGHTS
Upon the Publisher arranging subsidiary rights in respect of
the said work, he shall pay to the author
the following percentages of the gross amount he receives.
Quotation rights fifty percent 50%
Anthology rights fifty percent 50%
Translation rights fifty percent 50%
English language reprint rights fifty percent 50%
Mechanical reproduction fifty percent 50%
Electronic & software rights fifty percent 50%
Sound broadcast rights fifty percent 50%
Television reading rights fifty percent 50%
Dramatisation rights fifty percent 50%
Film rights fifty percent 50%
Documentary rights fifty percent 50%
Performance rights fifty percent 50%
Non-commercial rights for visually handicapped nil percent
0%
In Summary
I would pay GBP 2400 for the book to be proofread
and for marketing, which did not feel that bad. I mean, for e-books or print
format, I can just self-publish very quickly through Amazon. Still, I felt
probably this is not as bad as it looks. I mean, I would get fewer returns as
royalties from the sales as compared to Amazon (70 percent from e-books if
priced at $2.99 or more), and Amazon cannot claim on any other rights like
Television reading rights, so on. But still, I felt, probably, they would have
more reach.
Queries on 02nd July 2019
I had lots of queries, so I asked a flurry of questions (I
am addressing the questions which feel more relevant). The replies from Suzanne
Mulvey are in red color.
Q: I have self-published this book on Amazon and would
like to continue the self-publication of eBooks in Amazon.
A: I can remove the e-book from the contract so you can
continue to publish your own e-book.
Q: The contract does not say anywhere that Publisher
has to provide Development and Editorial services to the author for the
payments.
A: The work is proofread, and you are sent a report.
Any corrections or content suggestions will be put forward for your approval.
Once you have agreed to any of the changes, we will then amend the manuscript
and again send you another copy, this time with amendments in place. We will
ask for your approval, and you may make any changes. We will then again
implement any changes requested. We then ask you to sign a proof certificate
that confirms that you agree to the changes made and that the work is ready for
print. As you can see, we do not do anything without the author's approval.
Q: Let's say because of editorial changes, some parts
are removed, and I feel there is a story that would fit perfectly in that
place. Would I be charged to improve the story as well?
A: No, not unless it was a very large addition, say
another 20,000 words, at the discretion of the production department. Please
see my above comment.
Q: Can you please illustrate like if a paperback sells
for 10 dollars, then what percentage of it would I receive for all three
formats (Hard copy/paperback/audio)?
A:
The price varies enormously. The discount that an independent bookshop may get
could be 20%, whereas Amazon would be 60%. So, if the book is £8.99 and we give
20% discount to a book store, we get £7.19 and the author's royalties are 25%
of that, i.e., £1.79
Q: Payments of accounts. Is there any portal where I
can check the sales? How would I know how many books or audiobooks have been
sold?
A: Royalty statements are sent to you twice yearly.
This has a breakdown of the sales from different sources such as individual
sales, Amazon, book stores, wholesalers, etc.
End of Mail Trail
In short, what I realized was that they would be charging me
heavily for editorial and marketing services. Look at how Suzanne uses the
example of a bookstore discount but conveniently leaves out Amazon’s model. If
a bookstore discounts 20%, I’d get just £1.79 ($2.17) when the book is priced
at £8.99 ($10.91). But if it was Amazon, offering a 60% discount on the same
price, Amazon’s cut would be £3.60, and at 25% royalties on that, I'd earn
about £0.90 (close to $1).
Despite all this, my logical side thought they would help me
sell enough copies to recoup my investment and then some. You might think this
isn’t so bad, or maybe you disagree. Either way, I was excited but also
cautious, so I decided to ask more questions.
Actual Mail Conversation
I asked,
Again, as every book and author is unique, the exact
expenditure to produce the book would not be a confirmed amount. Obviously,
areas such as printing, distribution, warehouse, marketing, etc. is an ongoing
expense which is down to the Publisher alone.
Further Questions
Now, I wanted her to define "partly." I mean, I
didn't want her to come and say at the end of it that, "You paid 2400 Euro
in parts and we paid 100 Euro." I didn't say your part would be less than
mine and by what proportion.
And to my benefit, if you read the contract carefully, it
never says that Publisher would pay anything; it just says,
"It is agreed that the Author shall, in consideration of the
undertakings, services, and expenditures made on the part of the Publisher, in
accordance with the terms of this Agreement contained herein, pay to the
Publisher the sum of £2400 GBP for the publication of the Work."
Her reply did not calm me, and I realized she just dodged
the bullet, and I was in no mood to let her do that.
My Email
Thanks for the reply, and I understand that it is difficult
to provide an exact figure as it is subjective, but can you provide me a
ballpark figure that is spent on a book?
Suzanne replied:
The ratio that an author contributes and the Publisher contributes is around
60-40, the author being 40.
Protecting Myself
So, I thought, why not protect myself by asking them to
specify all this in the contract? If Suzanne could write in an email about a
60% (publisher £3600) - 40% (author £2400) split, then surely the contract
could clearly state a total budget of £6000, detailing exactly where the money
would go—marketing, editorial services, and so forth.
This was my way of trying to safeguard myself from surprises
and ensure transparency before committing.
My Email to Suzanne
Dear Suzanne,
Thanks for your time.
I just wanted to know about the budgeting for marketing/editing/packaging and
so forth.
I am sorry, but I want to know where and how the money would be utilized.
Like which magazines, news press, the news release where this would be
marketed, and how much budget would be assigned to it.
It's just so that I would know how the money (£2400 my money + £3600 of the
Publisher) is being utilized.
Thanks for understanding,
Vinay Kallat
Suzanne’s Reply
Dear Vinay,
Sorry, but I do not have that information for you.
Kind regards,
Suzanne
I know she might not have had complete or perfectly accurate
information. But if she’s asking £2,400 and says it’s 40% of the total, then
that figure must have been calculated after reviewing my entire manuscript and
estimating what it would cost to get it into publishing-ready quality and
market it.
When I checked sites like Fiverr, professional editors
clearly list their rates by word count. Since the publisher had already gone
through my full manuscript, I felt they could have provided a clear breakdown
of costs and a concrete marketing plan upfront.
That statement really frustrated me, so I wrote back,
demanding more transparency and detail on where my money would be spent.
My Last Email
Hi Suzanne,
Thanks for being so patient and answering all my questions, but I would ask one
last question—please do answer.
It’s a scenario, let's say, I am a TV salesman, and I come to you and say,
"Ma'am, I liked your personality and would like to offer you a TV at a
discounted rate. In fact, I would pay 60 percent, and all you have to do is pay
2400 GBP."
You would probably reply, "So, you’d be paying 4600
GBP."
I do not reply to that.
Then you ask, "What all features does it have? Is it a
smart TV? Is the screen type OLED?"
I reply, "Sorry, but I do not have that information for
you."
You ask, "What? So I would be paying 2400 GBP for a TV
whose features I don't know?"
I reply, "Sorry, I forgot to mention you can use the TV
only 25 percent of the time."
You ask, "What about the rest?"
I reply, "I keep it."
(After a brief moment)
I ask, "Are you willing to buy this TV?"
What would be your answer?
I know it’s not a one-to-one relationship, as I am not a
customer but an author. But if you give it deep thought, it seems like I am
indeed your customer and not an author.
Thanks,
Vinay Kallat
No reply from Suzanne.
My Take on it:
Dear fellow authors and friends,
I truly believe that we authors are not as close-knit as
some other professions. Often, we see each other as competitors, but we
shouldn’t. If we share our experiences and look out for one another, predatory
vanity publishers like these would have no place.
Some might say that such companies do traditional publishing
too. But I would like to see clear numbers from them—why hide the costs they
spend on author projects? Something doesn’t feel right here.
To be clear, I haven’t paid a penny to them, so this isn’t
sour grapes. I did extensive research, including reading Glassdoor reviews, and
I’m convinced there is no smoke without fire. I just wanted to find out where
the fire was coming from.
I’ve done my homework and read all the experiences,
including those from authors who did publish with Pegasus. I’ve even shared the
contact details of one author willing to share his experience directly.
(You can skip the rest and go straight to the author who has
published with Pegasus under such a contract and know his experience with it. I
even provided his email if you want to contact him directly.)
Glassdoor reviews (especially the italicized parts) speak
volumes—read them and decide for yourself.
If we come together and share what we learn, we can protect
each other and help rid the writing community of such questionable publishers.
Glassdoor Reviews
Former Employee - Anonymous
Doesn't Recommend | Negative Outlook
I worked at Pegasus Elliot Mackenzie Publishers full-time
Pros:
The only real pro was the solidarity among employees as we
grimly laughed about our descent into a cold, black abyss. Also, the hours were
pretty good.
Cons:
There were a handful of things that I didn't enjoy about
working at Pegasus, but I'd say the main one was waking up every morning,
remembering what I do for a living, and wishing I was dead.
Go straight past Limbo, Lust, and Heresy, and take a left
off the A142. There, deep in the heart of the grim, bare fens, you'd be in a
converted garage opposite some stables, which was home to the eighth
circle of Hell -- Pegasus Elliot.
Pegasus asks its employees to flatter and praise writers who
submit, telling them their books are excellent. Once their hopes and
expectations are built up sufficiently, the employees have to ask them to cough
up substantial amounts of money to publish it.
For the record, there's nothing explicitly wrong with vanity
publishing. Stephen King said so himself. But like a repressed homosexual who
expresses his frustration by beating up and insulting gay people, Pegasus is
very much in denial. It repeatedly refutes the term
"self-publishing," using clumsy phrases like "author
contribution."
And while Pegasus's founders are busy browsing YouTube all
day, it is up to the poor, criminally underpaid staff who have stumbled into a
web of lies, to peddle this line of horse manure.
The lowest point in my life was probably witnessing a dying
child being sold these lies as she lay on her deathbed. But it gets worse: when
the company realized how exposed they were by these lies, they cancelled her
contract, leaving her to drift off into eternal nothingness without even a
cheaply-made book to leave behind for future generations.
The people who do wind up seeing their books to publication,
and there are a great many, invariably hit the same tragic reality when, six
months down the line, they've sold two copies of their book—
and those people are (1) themselves, and (2) their mother.
No doubt, it's the staff who face the brunt of their ire.
If you go on Pegasus's website, or talk with them on the
phone, they seem kind and professional. But beneath the surface, it's home to
those who have been damned to Hell, filled with the same kind of thieves,
flatterers, forgers, and sorcerers as is described in Dante's Inferno.
Advice to Management
Pay your staff more money and stop forcing them to be
complicit in what is, if not criminal action, then at the very least morally
reprehensible. Just call yourself a "vanity publisher," and you'll
still get almost as many people dying to publish with you (no pun intended).
That way, you'll have the added benefit of not having
cripplingly depressed staff who continuously quit as soon as literally any
other opening comes available.
Former Employee - Anonymous Employee
Doesn't Recommend
I worked at Pegasus Elliot Mackenzie Publishers full-time for more than 3
years.
Pros
- They
take on people with relatively limited work experience, as I was when I
joined.
Cons
- There
is no such thing as lunch breaks.
- Sometimes
I had to buy my own toilet paper because there was none and nobody in
management had done anything about it.
- The
management was often extremely unprofessional and treated employees like
children.
- Public
humiliation was a common experience, and often it was done for no reason.
- I
was made to feel like nothing was ever enough.
- The
workings of the business are very disorganised. Databases didn't work very
well.
- People
in charge of things like maintaining and/or improving the website couldn't
be bothered to carry out their responsibilities.
- The
business model is based on fraud, so it was an uncomfortable place to
work.
- Telephone
and email conversations with authors could be very trying for this reason.
- There
was very little support from management when bad things happened.
- The
pay is absolutely atrocious.
- With
my current employer, I do a similar job to what I was doing here and my
salary is £10,700 more than it was when I left Pegasus, and I still earn
less than the average UK salary. You do the math...
Advice to Management
Treat people more fairly
Now the people defending - Both sides of a coin
"A
great way to get publishing experience"
Current Employee - Anonymous Employee
I have been working at Pegasus Elliot Mackenzie
Publishers full-time.
Pros
- I
was honestly really surprised to read the other reviews left here as I
haven't seen anything of the sort during my employment with Pegasus; not
sure if they had a major change for over the past couple of years but for
me it's a very pleasant place to work.
- Compared
to where I've worked previously, calling this the 'eight circle of Hell'
is laughable. Pegasus accepts people with limited work experience.
- It's
a great way to get your foot in the door for a publishing career.
- The
hours are good, classic 9-5 and 10-4 on Fridays.
- I
think there's a really good home-work balance, I don't take my work home
with me nor do I feel pressured to.
- I've
never wanted for anything here; anything I've asked for to help me do my
job (chair support, stationery, computer stand etc.) I've gotten really
quickly.
- They
provide free pizza and snacks pretty regularly.
- It's
a small team and, in my experience, everyone gets on really well. Good
sense of humor and will really do their best to help you out.
- It's
a really relaxed atmosphere. Never felt pressured or been 'publicly
humiliated' during my time here.
- Since
my being here I feel that the company has really worked to become a lot
more transparent.
- When
I first started, I was really unsure about the whole concept of 'hybrid
publishing' but with the measures they've put in place I don't feel like
there's anything 'morally reprehensible' about it.
- Authors
are told they may be offered 2 types of contracts at multiple stages and
they're never pressured to accept any terms they're not happy with.
- I
think it gives authors who may never otherwise be published/can't access
an agent/have tried and failed at self-publishing a good chance to get
their foot on the ladder with their work.
- I
communicate honestly with authors both in email and over the phone about
what the contracts entail, and if it's not for them then it's honestly
fine.
- If
anything, I've come to realize how many authors have very unrealistic
expectations about publishing, no matter how often you explain the reality
to them.
- I'd
honestly prefer if more authors contacted us to ask about the particulars
of a contract they've been offered, because that's what I'd do if roles
were reversed.
- From
what I've seen, other members of the team do work hard, try their best and
are committed to their work.
- It's
so satisfying to see a really great work finally get to print and do well.
Cons
- The
pay is pretty standard for an entry-level role, which isn't very high at
all.
- Related
to the previous point, there doesn't really seem to be any upward
mobility. There's no real opportunity to get promoted, a pay rise, or gain
qualifications within the company, and as such, there's no real staying
power.
- When
I first started I felt like a lot of things weren't honestly and clearly
explained to me; i.e., the actual process of publication after the
submissions stage. This led to me feeling very nervous and uncomfortable
my first few weeks.
- Sometimes
I really feel like I have to hassle and pester to get certain HR things
done.
- As
with any customer-facing role, customers/authors can be very tiresome to
deal with.
- So
many authors have very unrealistic expectations, especially when some of
them can barely string a sentence together.
- The
databases are poor.
- To
this day, I don't understand the whole lunch-break scenario (we do get
paid for the full 8-hour day so no one really takes one?).
Advice to Management
I think the company is definitely taking steps in the right
direction, but certain areas need to be improved/updated more quickly (the
databases!). Communication needs to be improved in some areas: meetings are
scheduled but don't happen, sometimes have to hear information secondhand and
then chase it up, etc.
Current Employee - Anonymous Employee
Recommends
Positive Outlook
I have been working at Pegasus Elliot Mackenzie Publishers full-time
Pros
- Easy-going
management — No one is condescending or patronizing when you need to ask a
question about something you're not sure on.
- Staff
relationships are really good — laid-back and easy to get on with.
- Guidance
given any time you need it.
- Staff
are allowed to take cigarette/toilet breaks whenever they want and this
doesn't come out of their lunch break.
- Decent
wage with the opportunity to improve over time — holiday bonus also
provided.
- Management
are understanding if you need a day off for illness.
- Relaxed
atmosphere — management hold holiday parties twice a year for all staff,
pizza is brought in for lunch now and then, snacks are provided often, and
tea and coffee are always there to help yourself.
- You
feel supported when you ask for help.
Cons
- Occasionally
stressful, as is any workplace.
- You
can feel a bit rushed for time when you have a lot to do.
- Departments
could do with expanding a bit (not always enough staff).
Advice to Management
Consider employing more staff to ease the workload in
departments.
Conclusion:
Ultimately, whom you choose to support is entirely your
decision. I’m simply sharing what I’ve deduced based on my understanding.
As Suzanne said, new authors often have unrealistic
expectations. But reasonable expectations include transparency on how their
money is being used and proper reporting. Many authors have reported no updates
on press releases or marketing strategies after payment, which aligns with the
response I received even before signing the contract. So, I can only imagine
what happens once the payment is made.
To be fair to the publisher, I reached out to someone who
had been in a similar contract. Here’s my email conversation with him, so you
can hear a firsthand perspective and judge for yourself.
Author who has actually published with Pegasus:
jrmckay@sky.com
Hi,
I saw your comment on the Pegasus publication from 2016 and
was curious if it is even worth it.
I got a contract from them for 2400 GBP and are giving 25
percent on print and 50 percent on the e-book.
I am totally confused, but I want to know about your
experience with them.
Did they provide editorial services, and what about marketing and new release?
Thanks
Vinay kallat
He replied,
Hi Vinay
Pegasus are really a vanity publisher and do very little, if
anything, to promote your work after release.
If you have the time, resources, and aptitude for marketing
your book, then this may be different for you.
I complained to them recently about the lack of
post-production support and they have now done an audiobook
version of my novel The Absolution Of Otto Finkel,
which was at no cost to me.
So therefore, my dealings with Pegasus have been somewhat mixed. All my other books I have self-published through Amazon's KDP/Createspace platforms and I have sold many more doing it this way, as I was able to set the price, etc. myself.
Good luck with your writing, and if you have any more
questions, then please feel free to contact me again.
If you’re still in doubt—and I completely understand
why—because anyone who puts so much effort into their writing will hold on to
any opportunity that comes their way, here are some pointers you might want to
consider before signing:
- Publishing
e-books independently through Amazon is very easy. So, don’t be afraid to
exclude the e-book format from their contract. In my case, this was an
option they agreed to.
- Negotiate
for higher royalty percentages, even if it’s your first book. I
successfully increased my share to 60% from 50% on things like television
reading rights and other subsidiary rights. I feel I could have pushed it
to 65% or even 70%.
- Try
to have their contributions and obligations clearly defined in the
contract to protect yourself. They might resist this, but there’s no harm
in asking. If they refuse and you still want to proceed, at least you know
where you stand.
I hope this gives you a deeper insight into what’s really going on inside these contracts. The reason I wrote this lengthy blog today is because I received yet another email from them — and it reminded me why such transparency and caution matter.
Re Finding An Indian Bride
Commissioning Editor
To be honest, when I see emails like these, I do feel
tempted to say yes and just try it out. It’s hard not to, especially when
you’ve poured so much effort into your writing and want to see it succeed.
But it’s crucial to learn from others’ experiences and
mistakes to avoid getting stuck in difficult situations. Sometimes letting go,
even if it’s painful, is the wiser choice when red flags appear.
Please feel free to share any feedback or questions you
might have. I’ll do my best to answer and help clarify anything I can.
Do you still have any of the below questions? Please feel free to leave a comment
“Are vanity publishers worth it?”
“How to spot predatory publishers”
“Do publishers take away author rights?”
“Why authors lose money in publishing deals”
“Best safe ways to publish a book in 2025”
“What is the difference between vanity press and self publishing”
“How to protect your book rights as an author”
“Publishing scams every writer should know”
“Why are vanity publishers harmful to writers”
Labels: Vanity Publishing Scams/Author Exploitation in Publishing/Traditional vs Self Publishing/Predatory Publishing Houses/How to Publish a Book Safely/Publishing Industry Secrets/Hidden Costs of Publishing/Self Publishing vs Vanity Press/Book Publishing Rights Explained/Publishing Contracts Red Flags/Independent Author Struggles/Writer’s Journey to Publication/Author Dreams Exploited/Book Publishing Scams to Avoid/Pay-to-Publish Truths/Protect Your Manuscript Rights/Best Alternatives to Vanity Press/How Publishers Make Money Off Authors/Real Cost of Self Publishing/Support Independent Authors
I recently contacted Claiborne Hancock, the head of Pegasus Publishers, to inform him and his staff about the huge number of grammatical, punctuation, and factual errors in Joyce Lee Malcolm's hagiographical work entitled "The Tragedy of Benedict Arnold." The book is incredibly sloppy, not just formally, but intellectually. I sent photos of many passages as proof of what I was talking about. Mr. Hancock never apologized or even made the slightest attempt to explain the ubiquity of highly distracting and, indeed, astonishingly juvenile errors in Ms. Malcolm's mess. Instead, he just wrote me a snooty little note from his "smart"phone, complaining that he was on vacation with his family, and that, since he has received my "opinion," the best thing is to "move forward."
ReplyDeleteIf this is what the head of a New York publishing house can get away with in the age of Trump, then America is in sadder shape than I had thought.
Pegasus Publishers, the vanity press, is not the same as Pegasus Books, of which Claiborne Hancock is the president.
DeleteThere must be some affiliations with the parent company. If that is not the case, then the name is highly mis-leading.
DeleteHi Vinay,
ReplyDeleteI was not aware they were a vanity publisher and submitted my manuscript to them a few months ago. Today I get a reply from Suzanne offering me a contract. But of course the fact I had to pay a percentage rang alarm bells so I got online and researched. And found your blog. As much as I would like to believe in them, £2400 is a lot of money, money that I can't spare for something like this. It makes me incredibly sad that people do this. I was so excited I cried but it's too good to be true. I am self published on Lulu but don't sell many copies at all. My dream is to have my book in book stores but having experienced this, it's hard to know where to turn. Thank you for your report on it.
I am glad to hear that it helped you. I, too, felt really happy when they reverted but when I researched I realized its just another vanity publisher.
DeleteYou can self publish through KDP and your book will be in the biggest bookstore in the world - Amazon. Lots of YouTube videos to learn the process and the marketing. Try Dale L Roberts.
DeleteHi Vinay, After just reading your comments. I submitted my manual script a few months ago and received this email yesterday from Suzanne Mulvey, they wont be receiving any contribution from me. As I have all ready been bitten by one publishing house on my first book I wrote and submitted to them and the picture they painted on the introduction was washed away in the form of the contract and the lack of publicity for the book. I am counting on the day they decide to release the rights back to me so i can approach a publishing house where you don't have to contribute to having your book published. I have listed the reply from Suzanne Mulvey below.
ReplyDeleteI would like to thank you for your patience during the submission process.
I am pleased to inform you that "Trouble At The Fair in Dairydowns" has been accepted for publication and we would like to offer you one of our inclusive contracts as I feel the work is well written and has a good chance of success in the market place.
While this contract requires a share of the production costs to be provided by the author, it is otherwise no different to our traditional contracts.
We receive several hundred new submissions every month, out of that, on average only 10% will be taken through to the final review stage, there are many that we regrettably have to decline. As a Hybrid Publisher we are able to offer the option of an inclusive contract with enhanced royalties and subsidiary rights for the author, giving the opportunity for the work to be published, rather than having to reject good quality work.
Our highly professional and motivated teams from the production and marketing departments will work closely with you every step of the way. Please read our Publishing Guide here for further information.
If you would like to view a contract please let me know and I will send one over to you in the next few days.
I look forward to hearing from you.
Kind regards,
Suzanne Mulvey
Commissioning Editor
Thanks for sharing your experience.
DeleteWOW... I was just looking up this publisher, and I recieved this EXACT email, word for word...
DeleteAs did I today....I am cautious by nature and started searching for info...found his blog and it has been eye opening to say the least. I will not go ahead with this Publisher. Thx
DeleteI just got the exact same email today....oh well....not going there...Will continue to look for a traditional publisher.
DeleteI got the exact same email today too
DeleteToday i got the same letter ..every word
DeleteHello . . . just got the regular letter that everyone else has from Pegasus Publishing. Although I am very widely published in many other genre (where I often do get paid), Pegasus wanted 2100 pounds for a little novel. So I attempted to negotiate: they can have a much higher % of the royalties if we go with a traditional (no fee) publishing contract (that is, not "hybrid"--which is code for "vanity"); with such a traditional contract and giving them a high % of royalties, this would then, of course, make them want to promote the book so that they can make decent $ on it. They would not go for it. Vanity or nothing. I plan to ask them a few more questions.
DeleteI believe what Pegasus Publishing claims about distribution and getting their books into bookstores all over the world comes close to fraud. I don't know, but I believe they don't offer many "traditional" contracts—and keep in mind this: traditional contracts often give YOU an advance. "Susan Mulvey" in a note said that I should not trust bloggers who are disparaging Pegasus Publishing. That's interesting.
Has anyone seen many of their books in the larger, chain bookstores?
Firstly, i just shared my story with them. They might be offering traditional route of publishing, but saying that don't believe any of the bloggers is also dicy for me. That's our problem there are not many support system or guidance how to avoid such contacts. And you can see Glassdoor reviews which speak for themselves. And also this is not my primary source of income so i am not blogging for money that much i can assure you. I just try to check in from time to time which can be years in some cases. But again please make your own decision. It's just for awareness. If you feel it's a good deal for you please feel free to go ahead. It's just my two cents on the subject matter.
DeleteI am glad that at least we can share what they are replying. I am sure this blog will soon reach Suzanne Mulvey, and they might change wordings going forward. Atleast they need to get creative with their compliments. ๐
DeleteHello! Thank you for all your feedback. I just received a contract from them yesterday. I wrote a children book and I need illustrations to be done. They are offering to do them inhouse which is included in the shared cost 2400 pounds. Because I don’t have illustrations, i feel like it’s fair that I pay a price, or maybe share my royalties.. also, the 25% royalties of the net retail price doesn’t seem right, shouldn’t it be 25% of the actual retail price, as they take money else where anyways.. i’m glad I saw these posts!
ReplyDeleteTrust you basic instinct. If you feel that you would require more money to get your book in the published state than what they are providing(consider royalty as well), then go for it. Most of the author's reviews that I have read said that they do very little marketing/post-publishing help. They do author-signing or something like that. But it is beneficial only if you are already famous. And if you are already famous, then you won't be paying for it. So at the end of the day, if you feel its good for you, then in all sense go for it. But yes your royalties would be very low per book and you might even lose some readers because the book is priced very high. Why? Because there are more mouths to feed now. and your mouth is the last in the line. :) I hope I made some sense and didn't create any confusions. And yes, with the profit it should have been gross value and not net. But somehow, I thought that if the book is priced at 10 Dollars, I would be getting 2.5 dollars. Luckily, I felt like asking her. Also, there was no pointer where it was written that they would provide discounts to retailers like Amazon(at least I don't remember it). So as explained in the blog it is not like that. And I can assure you that not many e-books get sold at 10 dollars. Even popular e-books don't go for that. I am not sure about illustrative books, but in general that is the price for hardcover or paperbacks. And after discounts you would be getting peanuts. And there is a saying in India, if you sell peanuts and get peanuts, then it's fine, else you are just getting played on. Or else they should be able to market and sell many many more copies than you would have independently that you actually win from this contract. A contract should be win win. This contract is totally one sided. We are not sure how much amount they would put into it as there is no accounting. And let's say with all the odds against us, we are able to market it via our blogging sites, still they get 75% of the profits. So where is the risk for them. They provided you the service for the money you paid. Rest is just bonus for them. Again if you feel creating illustrations and doing proof-reading and other services would cost you more than 2400£, then do go with it. But please do share your experience with them over here.
DeleteI just received the exact same email from Suzanne as Unknown above. What a disappointment. One of my favorite writers publishes with them and I thought it would be safe. I will never pay to have my book published, simply because I do not have the money. I will for the third time have to decline a contract. Too bad, because I really think my book would have made a few people smile in these awful times with Corona.
ReplyDeleteThis will be my first book out there. What do I do when no agent accepts an unsolicited query and a publisher does not except unsolicited submissions? Where do I go?
I'm quickly running out of places to submit. I have one out there and if they ask for money, what then?
Agentless and quickly losing hope, KC
First of all good to know that the post helped. But I have to say, you are not the only one sailing on a drowning boat of chasing a traditional publisher or an agent. I know it's easy to say, 'Try try till you succeed, but now, we can take self publishing route. Try a free giveaway or kdp countdown and other marketing techniques. I am sure you will find a way out of this.
DeleteHey, I'm not sure if you're still active on this thread but if you are I wonder if you could supply some advice on self publishing / e-book publishing, or the most effective way to build your career and following as a writer. Forgive me if I've over assumed that you are some guru of self publishing. I'm just increasingly frustrated with receiving these conditional offers. I turned 20 just two days ago now and have received four offers in the last year, all along the same lines of requiring my money as I don't have a following etc, I write poetry mostly but only because maybe I find that most natural and less taxing on my imagination-frustration balance. Thankyou . If you'd like to check out a few small pieces of my poetry you can do @woesofwisdom on instagram
ReplyDeleteHey, I would have surely liked to know your name, but it's really impressive that you could achieve that in such a young age.
DeleteNow coming to your point: could you supply some advice on self publishing / e-book publishing-> Yes, definitely I can. I am thinking of writing a blog that might help you.
Forgive me if I've over assumed that you are some guru -> I will say that I am just starting out. I started writing almost 22 years ago when I was 15 years old. Like you, I started with poetry. Not sure, if they are of any good, but I can probably give you some tips. Let me know if it interests you. At least learn from my mistakes. I will surely take the trouble to make a blog of it. You are although right I am not active in blogging these days.
Hello Vinay, Could we communicate direct please? I work in publishing and would like to stear your readers in the direction of companies that will not rip them off. Many thanks Paula C.
ReplyDeleteHey Paula why don't you just post your advice here? Thanks.
DeleteHello, I would also be interested in reading which publishing companies you would recommend Paula C. Thanks for posting here so we all can benefit.
DeleteI'd be a bit suspicious of someone with links to publishing that can't spell the word 'steer'.
DeleteDavid, I came here to say that! lol
DeleteLOLs. It was funny reading some of the above comments. Not sure why there is no feature to like a comment.
DeletePaula, you can reach out to me anytime. I am not that active in this thread, but these days many authors have been asking about vanity publishers, which made me visit this thread again. It seems many have started this business of trapping new authors.
As many have said, the trust factor will be more if you reply here. :)
I mean just drop your email id here. Others can benefit from it too.
DeleteBut I will surely communicate the same here, no matter whatever the outcome is- positive or negative.
MMM, Laura if you work in publishing you'd know it's "steer."
DeleteIt's so interesting to read all of these responses. They've email me today to offer me a traditional publishing contract with no costs incurred by the author. Does anyone have experiences of this scenario?
ReplyDeleteDo let us know how it went.
DeleteYour's is the first comment here to state they were offered a 'Traditional Contract'! Was it from Pegasis?
DeleteI too have submitted and recently been offered the standard Hybrid Contract for Publishing. Like everyone else, I was elated. After doing my online research I can still see benefits of 'contributing' to the initial costs, since they then provide the editing and create the book (plus provide a number for the author), plus conduct the marketing and distribution. I cannot see myself successfully doing all those steps for any cheaper than their ask, nor do I have any contacts, of my own.
However, I'm less inclined to pay up front when I have a saleable product, so I inquired with them about re-negotiating the contract to become a 'Traditional Contract' with an adjustment in the royalty fees increasing the publisher's share. They said 'No'.
Can you share with us here, how you think you were offered the desirable 'Traditional' contract? TIA.
I too was offered a traditional contract, just last week. The email states there are no costs for the author. I suspect I received the trad offer because I've already self-published some books and put some effort into my own marketing platform. But still, based on this blog and other sources, I'm thinking this is not a company I want to be associated with at all, so I plan to decline the offer. :(
DeleteThanks for the commentary, I just received the same offer from Pegasus, claiming they are not a vanity publishing house, but they want up front money.
ReplyDeleteWe receive several hundred new submissions every month, out of that, on average only 10% will be taken through to the final review stage, there are many that we regrettably have to decline. As a Hybrid Publisher we are able to offer the option of an inclusive contract with enhanced royalties and subsidiary rights for the author, giving the opportunity for the work to be published, rather than having to reject good quality work.
There is however still some misunderstanding that surrounds these contracts. There are some strong comments to be found on the internet but these are aimed at 'vanity publishing', companies that take on ANY work and publish without any editing, any marketing, or any passion or integrity for the publishing industry. This is not us.
Our highly professional and motivated teams from the production and marketing departments will work closely with you every step of the way. Please read our Publishing Guide here for further information.
If you would like to view a contract please let me know and I will send one over to you in the next few days.
Yep, sound like vanity to me. :) See again, it's just what I feel. If you feel, it works for you then surely go for it. Just ask them the budget for marketing and post publishing support. The other problem most of the authors have pointed out is pricing.
DeleteBut really thanks for sharing your story. Please do share your story if you go ahead with them.
Yes, well, I've just received the same "form" email from Pegasus, offering the hybrid contract. I do believe, whether they deny it or no, that they are vanity, and will try to produce an excellent product after your investment, but then leave you on the skids for promotion. And how do you verify their distribution?? Are they really sending your book worldwide?? They may have excellent connections, but I doubt it. Especially given my first (and last) children's book, which is pretty dang good ;)
ReplyDeleteYes, well, I've just received the same "form" email from Pegasus, offering the hybrid contract. I do believe, whether they deny it or no, that they are vanity, and will try to produce an excellent product after your investment, but then leave you on the skids for promotion. And how do you verify their distribution?? Are they really sending your book worldwide?? They may have excellent connections, but I doubt it. Especially given my first (and last) children's book, which is pretty dang good ;)
ReplyDeleteI see it this way. If they are asking money then firstly, they themselves are not sure about the success of the book and two, there is nothing wrong to extract some money from New authors without being accountable for the same.
Deleteso blessed to have read all of these. I've been offered a Hybrid contract from Olympia Publishers for my book "the first pancake: overcoming adversity with a hopeful heart - a memoir" and need to be really careful with how I proceed.
ReplyDeleteI am not saying that don't think about it at all. But atleast now, you know different sides of the same story, and I hope you make a sound decision. Feel free to come back and talk about your experience with them.
DeleteSimilar email dropped yesterday from Suzanne at Pegasus, I'm usually pretty much in front of any moves to separate me from my hard-earned but the lure is strong in the case of new writers, we just want to be accepted and read. And not always for financial gains and reasons, however we don't want to be taken advantage of and suffer a monetary loss for the privilege. My positive outlook hopes there are success stories within this field but I would never see myself as a vanity author yet I fully understand everything has a cost where someone somewhere has to foot the bill. Good luck to everyone that's having a go.
ReplyDeleteMac
๐ And also the probability of success without promotions is very low, to be honest.
DeleteThanks for all your info Viney, you are a star. The whole system is a mess for first time writers. Abbie Cox Johnson
ReplyDeleteI am happy that it helped.
DeleteHi Viney, I was teetering on the brink of contacting Pegasus until I read your blog and all the comments and I am so glad that I have - I have self published on KDP and of course haven't the resources to pay for advertising on Amazon so the book will probably stay unread apart from friends I've forced it on! The weird thing is that all these adverts for Pegasus and other vanity publishers have only been turning up in my in box since I put the work on KDP - so how do they know? Is it somehow to do with cookies on my PC?? Strange - but thank you once again for taking the time and trouble to put all this together. It really has helped.
ReplyDeleteHello, I have just also received an email, offering a hybrid contract. I am about to hit publish on KDP Amazon and was so excited but then found this blog. I thought, finding a publisher was not about paying costs upfront, hence why they take their %?
DeleteI have also, after so much not hearing back, or a couple rejections from standard publishing companies, started working on it in KDP Amazon about a month ago. All of the sudden, today, they said due to technical issues, they overlooked my original submission and want to offer me this hybrid contract, which looking at all the marketing they claim to do, I thought maybe it's a sign to go with them. I now find it odd that I got this email while working on self publishing on Amazon....how'd they know? "sorry for the delay in response" they say. My minds response, as Alice said is "Curiouser and curiouser!"
DeleteThis is the first time I am hearing about technical issues. Lols ๐. Thanks for sharing your experience. Yeah again it's hard to believe something like this. But again, if more and more authors are getting calls from hybrid/vanity publishers, as soon as they start working on kdp Amazon, it seems like a sign they might be leaking data. But again to be 100 percent sure, there has to be more authors seeing such a behaviour. I will check their terms and conditions. And check if they have stated anything about this, anywhere. I don't want to be in trouble suggesting otherwise. ๐ Again i will need to check their core or talk with some developers to know if that's the case. Or atleast a larger sample to be sure. But yes, self publishing has been a boon to any authors so I don't want to discredit it without knowing the full story.
DeleteSomeone asked, ". I thought, finding a publisher was not about paying costs upfront, hence why they take their %?" Yep they are called traditional publishers and authors are their business partners and readers their customer. Now you have hybrid/vanity publishers and authors are their real customers and not readers. It's a good way to earn from new authors and in case, if anyone of them gets famous, they still get the royalties. It's no risk on their part
DeleteRobert, thanks for sharing your experience. After hearing your story, I dug into this a bit more and put together a blog post that might shed light on exactly how these vanity publishers manage to find you right after you publish on KDP. It’s not just coincidence, and it’s somewhat easy to understand if explained in layman's term. Here’s the link if you’d like to check it out: https://kallatvinay.blogspot.com/2025/09/how-hell-did-facebook-know-i-added-ps5.html
DeleteGlad to hear my earlier post and the discussion helped you avoid Pegasus — that alone makes writing it worthwhile.
Thank you all for your comments; I almost got stuck selecting Pigsass too, but thanks to googling them I ended up meeting Vinay and you all (my brothers and sisters in writing). Thank you again.
ReplyDeleteI would have loved to know the name of my sister/brother too. Not sure why people are scared to leave behind their names. Believe me, I don't bite.
DeleteVinay,
ReplyDeleteThank you thank you thank you. I sent a few chapters out a few weeks ago looking for encouragement and interest. I got the SAME email from Ms. Wadsworth as you, word for word. So, now I see it is likely a cleverly canned reply. Aren't there any trustworthy publishers out there and if so, how do we find them? Or do we just say screw 'em all and self-publish on Amazon? `\_("/)_/`
There is no straight forward answer for this. Depends on the genre, country, language of print and so on. Although, there can be few things that can be avoided or some marketing tips that I can suggest. So I will come up with a blog as it will much better organized.
DeleteI am very grateful for all these comments and for Vinay's initiative. Suffice it to say that I too received the same email, word for word, from Pegasus denying their real identity and hiding the simple fact that, for the most part, their role in publishing does not benefit writers. The system is skewed sadly and I am sure there is much talent going unnoticed as a result. But I would prefer to work with a group who were more authentic and at least admitted that they were indeed vanity publishers. Vanity publishing may indeed be a viable option for many but we should know what we are choosing if we decide to pursue that course and not be fooled into thinking otherwise. The word scam does not actually seem too strong in this case. So, many thanks to all who have contributed to this stream and to Vinay. Good luck to all. (Yes, all! Why not? There is a real appetite for books so keep writing!)
ReplyDeleteOne thing I have learned - sharing always pays off. Do tell your story if you find any good paid publishers(if they really do exist). Just my opinion, it will be like finding a needle in a haystack.
DeleteJust had an offer of a hybrid contract from Pegasus. I'm so thankful I read these comments.
ReplyDeleteThank you all, it's opened my eyes to the pitfalls of being sucked into vanity publishers.
Good that we all could help you.
DeleteI wonder if Anonymous who was offered a traditional contract was Suzanne. ijs
ReplyDeleteI too hope this blog reaches her one day.
DeleteThis blog has been a real insight. I too have been offered a contract with them with the condition that I share the costs. A real disappointment.
ReplyDeleteDo you think they literally just take anything and put it to work? Surely not.
Going to keep researching into it but this has seriously given me a great starting point. Thanks ever so much to everyone that's contributed so far.
Do you think they literally just take anything and put it to work?
DeleteIt's not a straightforward answer, so we need to look at it in a different way. I believe the real question that we should be asking is - What is the business model of a vanity publisher? In case of hybrid scheme, do they earn from readers or from authors?
And to really understand if they earn from authors, we need to go deeper into what their employees are saying and also the authors who have taken this path.
From Employees:
Some of the reviews that are pasted in the blog above, says it all. Like false appreciation to make a author feel good. Every author wants to hear that his book will become the next big movie. A part of author's psyche and they just exploit it.
snippets of their review:
The business model is based on fraud, so it was an uncomfortable place to work. Telephone and email conversations with authors could be very trying for this reason. There was very little support from management when bad things happened.
--another one
Pegasus asks its employees to flatter and praise writers who submit, telling them their books are excellent. Once their hopes and expectations are built up sufficiently, the employees have to ask them cough up substantial amounts of money to publish it.
From some of the authors who went for it: I have also pasted the email id of the author and of course there are many other sites where the authors have complained about post publishing services.
---from the author. I have also pasted his email id in the blog above, if you want to contact him directly.
My initial dealings with Pegasus were largely positive, and this was when I posted on the forum. They produced a very good, well-edited book and a very good promotional video. However, the price they set and the lack of promotional activity after publication led to very poor sales and I was never able to recoup my outlay.
Pegasus are really a vanity publisher and do very little, if anything, to promote your work after release.
And he was not the only one. So you can consider paying them mostly for editorial services. Mainly proof-reading and some events like author book signing. But really, unless you are a well known author, readers won't flood the event. Most of them said it was a dull event with some book signing, which I don't even get it. What's the point of putting forth a signing event for a new author? It almost feels like a dummy event, where they already know the outcome, but at least the author will feel special signing some books. So based on my research at least, the book need not be special to enter into a hybrid contract. The entire point is that they are not sure. And on top of that, you have no way to find out how much did they really spent on your book. Like for editorial purposes, marketing, post publishing services and so on. So when I add the pieces it does not look so. But again, there might be someone who got famous with vanity publishing. But really the contracts are such that you will earn very little. And I highly doubt the success rate will be any good to even try for it. As the author whom I emailed said, the price they set are so high, that the likelihood of people even buying it will decrease many folds. Too many mouths to feed and believe me your mouth is the last one to get any. So, we all have been there where we felt special getting a hybrid contract, but it comes down to what you want to believe or what they want you to believe. Anyway, whatever you decide share your story here.
I too have almost been suckered into Pegasus. Have received exactly the same comments / offer as many of the previous writers. It is really exciting to read those words 'work accepted for publication with a good chance of success in the market place' would have been so easy to justify the cost to myself. Then common sense took over and luckily my research led me here.
ReplyDeleteThey are now asking for £2600 contribution! I am emailing Suzanne today, let's see what she comes back with next!
Curious, are you negotiating them with the prices? Are you going ahead with it? Anyways, please do comeback and share your experience. It will immensely help other authors going through the same dilemma.
DeleteDoes Pegasus EVER offer a traditional contract? And what does a good traditional contract look like?
ReplyDeleteActually as more authors join us, and share their experiences, we might get to someone who has got it. Might! But please do leave your first names atleast. It's good to know whom you are talking to and from which part of the world they belong to. Also validates it's not the same person leaving all this comments anonymously.
DeleteMe, I got one! There are no costs, but the terms related to rights aren't very favorable (and they want rights forever), and they want the first chance at my next 2 books. No advance, but the royalty % isn't high either. I might have overlooked all that if they had a good reputation, but obviously they don't. I'll be declining!!
DeleteAsia K, finally we found someone who is not anonymous and has accepted a traditional publishing contract. I’m really curious—did you ultimately reject the contract or move forward with it? What was the outcome of your decision?
DeleteGreat research, Vinay; I'm sure it is much appreciated by many authors. Thank you.
ReplyDeleteLike many of the above I received the same email offer from Pegasus today. Does a real person actually exist behind the emails? I have previously self-published with Amazon. I successfully did the hard work, fomatting, editing and making front and back cover designs, myself. £2400 is only marginally over the price that would have cost me if I had farmed it out, say 50% over ( my book is 150k words)- but that not allowing for their margins paying one or two people to do it and to take their profits. But what I want from a publisher is to do the marketing and have the right contacts with which to do it. Many of your respondents have shown that Pegasus are no better at doing that than I would be using social media myself. So I will probably go down the self-publishing route again. Jimmy asked, 'Do they just take anything?' probably not; they would have to ease their work-load if for no other reason but, at the risk of deflating a few hopes, they are not reading ms;s with a perceptive eye. But I think they do read them. My long book took nearly five months to get a response so either your blogs have stopped the flow of submissions and they have had to reach into the trash can for more victims or they have genuinely, and reasonably, taken that long to assess the book.
Thanks again for your great (and intersting) efforts. And good hunting to all you would-be authors. May we meet in Heaven of Hell and comfort each other.
Peter K
Thanks man for sharing your story. Yes, i do beleive there is a real person who is emailing, just because they do change the cost. But the format remains the same. It's copy and paste. Do I believe they are transferring the risk and charging for their service upfront with little to no help afterwards. Yes! Anyways, nice talking to you mate. Even if it's through comments. ๐
DeleteInteresting topic for a blog. I have been searching the Internet for fun and came upon your website. Fabulous post. Thanks a ton for sharing your knowledge! It is great to see that some people still put in an effort into managing their websites. I'll be sure to check back again real soon. Self-publishing
ReplyDeleteI generally am not that active in this blog, but looking at so many authors facing the same problem, it makes me wanna come here and respond. So thanks for the kind words. Much appreciated.
DeleteThis has been most enlightening. Thank you everyone for all your comments. I too received the exact same flattering email from Suzanne and three months on a follow up email warning me my contract would soon expire. I am already published but in a different genre but I am familiar with the publishing process. What you have said about promotion of the book after publication is key. If they have your money already, you have no leverage. They also wanted the publishing rights to the next two books I wrote. It is standard practice to demand first refusal on your next book, but two.. There is no shame in self publishing so I think it is better to research well thought of companies who will help you publish and take a smaller up front payment although you will probably have a smaller royalty.
ReplyDeleteTotally agree. That is what is my understanding as well. Get traditional contracts or self publish it.
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ReplyDeleteYour content is nothing short of bright in many forms. I think this is friendly and eye-opening material. I have gotten so many ideas from your blog. Thank you so much. ๊ฐ๋จ์ ์ธ ๋ฃธ
ReplyDeleteI am jovial you take pride in what you write. It makes you stand way out from many other writers that can not push high-quality content like you. ๋ ํ๋ฆฌ์นด์ผํ๋ชฐ
ReplyDeleteLols. See how susceptible authors are. Few kind words and we get flattered. I don't even know if you are a real person. Because every link you provided with your flattering words pointed to a different blogger. Is samee and Sameer the same person or robot? Lols still cannot stop laughing how high i felt after reading this fake comments. I have never stopped someone from promoting their works. But authors come here for real answers and such comments stops me from responding to real comments. I have almost deleted 10 or more comments of yours. Wait i don't even know if you are a real person. Lols
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ReplyDeleteAnd here you are, in the very nick of time! I have also received the now famous letter and embarrassingly enough was both excited and flattered. It was going to cost me $2600. I had asked some questions, which were answered by Ms. Elaine Wadsworth with the speed of light, and the very next morning I was sent the contract, which I read. I have already published through KDP and asked some further questions. Suddenly there was less expediency to my e-mails....My friend, who is not quite as blind as I apparently am, looked Pegasus up and found your blog. Vinay, you just saved my ass, thank you. My book is in regards to my diagnosis with terminal cancer and my time with chemo. I am not out of the woods by any stretch of the imagination and I likely have a limited amount of time as well as limited funds. They are aware of this. This makes it much more appalling to me. Soooo... since I decided I could possibly sink that kind of money into such a disappointment, on account of you and others on here, I am going to go see my kids and a few good friends this fall. Seems like a much better use of my time. Thank you for helping me dodge bullet #59802.
ReplyDeleteWhen I hear such stories, it does pain me to see these **** have no regards even for human sufferings. I am sorry to hear about your story. Please be in touch and get well soon. If you want, you can provide the link to your book. I am sure many people suffering from cancer can find solace after reading that. I have a friend who has a stage four cancer. He detected it very late and had gone through several chemo sessions and one surgery too. I can't even contemplate the pain one has to go through. I hope you recover quickly and come back to share your story with all of us.
DeleteAnd you don't need to be embarrassed for being flattered by it. We all can relate to it. Believe me when I say this. I get flattered sometimes by fake comments left by robots or chatbots. Lols..
DeleteThank you for this detailed post/article. I have submitted my manuscript to several booking agents and publishers. I got a response from OLYMPIA PUBLISHING and they didn’t quite pass the smell test. I was disheartened but I knew I had to move forward. Today I have a response from Pegasus publishing in the exact same format and process. I’m sure they’re two different companies however everything that you’ve written in this publication just confirms my thoughts and fears. This feels like a scam of the highest order and an extremely expensive one as well. Praying on the desires of potential authors work feels greedy And morally reprehensible. Thank you so much this was an excellent read and I’m sure you’ve saved lots of people lots of time money and heartache
ReplyDeleteAnd the problem is they are doing nothing illegal. So it's just awareness that can help authors. Again if someone feels like going forward with such contact, they can. But atleast they can take an informed decision rather than an impulsive one. Yes, it's very easy to get lured by their words and compliments.
DeleteVinay, God bless you a hundredfold for taking the time to post your experience with Suzanne Mulvey at Pegasus Publishers. The tremendous effort and time you put into it kept me from having to experience what you did as my wife received the same hybrid contract offer two days ago (8/19/2022). I was prepared today to request a detailed contract from Suzanne when I decided to check online to see if anyone else had received this contract offer. Boy, I'm glad I did! Thanks again. Sincerely, Joseph S.
ReplyDeleteGood to hear from you Joseph. And i am glad it helped.
DeleteEven after 2 years, re-reading your kind and thankful comments continues to bring a smile to my face. I sincerely appreciate all your appreciation and support—it truly means a lot.
DeleteThanks for sharing your experience, Vinay. I just got an email from Pegasus, and luckily stumbled upon your blog before I got back to them!
ReplyDeleteGlad i could help.
DeleteI have been offered a contract by Pegasus that requires a contribution of £2700. I went through the accounts that have been filed at companies house by Pegasus Elliot MacKenzie Ltd and I could find no evidence of significant income from sales. The amount of money going through their accounts roughly equates to the number of authors they have and the £2700 contribution!
ReplyDeleteThis indeed is a valuable information. Would have loved to know your name. If you have any other information pertaining this please feel free to share the same.
DeleteI should have added to the above but companies house records show they only have eight employees. It is difficult to see how they could possibly have editorial teams that can read the hundreds of books they receive each month or have sufficient staff to attempt to sell them
ReplyDeleteHoping you are the same person who commented above, again this is a valid point and good information to work with. Only if this reaches someone in power who can really put an end to this.
DeleteI got ´the letter,' and have written about the whole experience in my blog. This article and its comments were a part of the research I did soon thereafter, so thank you to everyone here for your contribution.
ReplyDeleteFor anyone interested, here´s the link: https://psychedelicsuncat.blogspot.com/2022/11/adventures-in-publishing.html
Glad this post helped. But please do link back your readers here. I had spent lots of hours formulating this post. Just feels good to be appreciated.
DeleteOk after reading it, it seems you have included the link at the last. Like the credit section at the end of a movie, nobody will read it. I am saying this on a lighter note, but good to know about your story as well.
DeleteThank you for helping me find this information. Guess pegasus is out the door, dodged a bullet there.
ReplyDeleteGlad it helped. This information is to help you to make your own decisions.
DeleteHi and thanks for sharing the contract details and your own experience with the back and forth questions. I am trying to set aside the initial rush of seeing the words "I am pleased to inform you..." though I had submitted to Pegasus almost in error, and read other comments just as I hit "send". I would share that I read all of the comments here but I am still weighing options since I have two examples from close friends for reference.
ReplyDeleteOne self-published on Amazon and experienced not dissimilar costs after a professional edit, formatting, and cover art, etc. EVERYONE NEEDS A PROFESSIONAL EDIT! Don't fool yourself. She has earned less than $50 back.
The other was accepted for a traditional publishing contract by a small though well regarded regional publisher - so no costs up front - but his royalties were the standard 8% of cover price and he was told they would be very lucky to sell 5K copies. He has not achieved anywhere near that, and his traditional publisher emphasized that it would be the author's role to engage social media and any other marketing efforts to promote sales. The publisher advertises initial releases and awards in typical social media posts but nothing beyond. The author did what he could, through family and friends but again....not what he had hoped for.
I can see the need for the hybrid model, times are changing to be sure. It would help to have someone steer authors through the entire process, but the form letter quoted so often (got same) drives home that my novel really didn't inspire or excite a particular member of their team, but only met an exceptionally low bar as something they would put 40% into (maybe) for a potential return. Given the nature of my novel, the fact that the publisher would expect any -especially 50%- movie rights money is a huge red flag. Their business model seems based on reducing all risk to themselves while hoping for the odd breakout amongst the chaff.
Felt the need to clarify, not calling the hard work of anyone here chaff - but Pegasus does seem to be all about quantity over quality! :)
DeleteI completely get what you mean. What troubles me most is how these publishers play with an author’s dream of becoming “the next big thing.” That initial “congratulations” email feels exciting, but really it’s just a sales pitch — and the author ends up paying them instead of being paid for their work.
DeleteIf you look closely, the amount they ask for is basically a “pay-to-service” package — editing, cover design, typesetting, maybe a bit of distribution. None of this is unique; you could hire freelancers for the same (often better) work at a fraction of the cost, while keeping full control.
And the worst part? If your manuscript does well, they’ve already taken rights — sometimes even global or subsidiary rights — meaning the author has little control over what happens with their own book. In other words, they profit from your dream twice: once upfront through fees, and again if the book actually succeeds.
That’s why I feel authors need to be extra cautious — these deals are often more about the publisher earning than about building the author’s career.
I can see the need for the hybrid model, times are changing to be sure-->To be honest, I agree with you that times are indeed changing. Today, professional editing, proofreading, and other publishing tools are far more affordable than before. With the availability of AI agents and platforms offering valuable services even on free or low-cost subscriptions, the hybrid model might not be necessary if authors know how to leverage these resources effectively.
DeleteTo add to the information here, I (who yesterday received the now-famous word-for-word email from Pegasus Publishers) today checked out a half dozen of the fiction books they've published, as showcased on their website. One was available on Amazon for $17.22. One was available with a 2+ week delay but available now on Kindle. One did not appear on Amazon. The other three appeared but were not available. Can't be a good sign that books on the current brag list have been allowed to fall off the shelf and can't be bought.
ReplyDeleteThanks for sharing this information. Every bit adds up, and if each of us authors contribute even a little, we’ll all be in a better place and harder to exploit.
DeleteI've just been offered a traditional contract with them and no upfront fees at all. Quite the opposite and in my contact it stats about distribution in waterstones, whsmith etc. Is this good?
ReplyDeleteI too was offered a contract with no fees to the author, so it sounds traditional? But this whole page of comments worries me. Is there a catch?
DeleteApologies for my delayed response—life kept me occupied. Regarding Pegasus, they certainly present themselves with elements of a traditional publisher, but their hybrid model appears designed to help them offset the financial risk associated with their traditional operations. My intention in sharing these insights is to add to our collective experience; as with anything, some will see upsides, others will find drawbacks. The key is to approach such opportunities cautiously—especially when it comes to negotiating media rights and similar contractual details. Taking time to thoroughly review these aspects will help safeguard an author’s interests in an industry where terms can shift unexpectedly.
DeleteAuthors, learn from my experience with Pegasus Publishers. My book Five Nights Of ThanksGiving faced delays and communication issues. Ensure you research and clarify all terms before signing. Despite challenges, Pegasus eventually delivered, and the final product was satisfactory. Transparency and clear communication are key in any publishing partnership.
ReplyDeleteI don’t mind the well-thought-out integrational promotion of your book—after all, it’s your platform, and every author’s story matters. But for the benefit of everyone here, could you please shed more light on your experience with the vanity publisher? Specifically, did they ask for any payment from you? How much did you end up paying? What services were included in that cost? Was there any after-market support or promotional help once the book was published? And, importantly, how did this compare to what you might have achieved through self-publishing combined with freelancing for beta readers, proofreading, and other services?
DeleteIt’s invaluable for all of us to understand not just the marketing shine but the full picture behind these deals, so thanks in advance for your transparency!
I too just received the oft mentioned "inclusive contract" offer with the only difference being that it was from "Elaine Wadsworth". (Maybe Suzanne has moved on to greener pastures?) Anyway, the plethora of information provided by this blog has been instrumental in convincing me to politely decline. I greatly appreciate Vinay's time and research, and the time of everyone else to post!
ReplyDeleteIt’s honestly quite amusing how, after all these years, they haven’t bothered to refresh their sales pitch or use different wording. Clearly, some things never change! It’s good to know Suzanne has moved on from this—and now I’m genuinely curious about what she’s up to these days. Hopefully, I’ve given her name a bit of a boost! I’ll be checking back next year just to see if they’re still using the same tired phrases… :)
DeleteHi guys. Just thought I'd share here as I've realised I'm now a recent victim of Pegasus :(
ReplyDeleteI was over the moon when they sent me an email saying they accepted the work a year ago. I was a little wary about the upfront fees but I couldn't find any evidence of it being a scam.
Now it's been a few months and I keep asking where the cover is and she keeps saying they're working on it. So eventually I got really suspicious and did research on the net and realised I'd been had. And they already have my money.
So my question is, will they eventually turn out something resembling a book so I can at least tell my family and friends the book is published, as they keep asking me how it's going?
Sorry to hear about your experience. From what I’ve gathered—since I didn’t proceed with their contract—they do eventually publish the book, but the after-market sales support tends to be minimal at best. With the advancements today, especially AI tools that make designing book covers, icons, and even proofreading much more accessible and cost-effective, the hybrid publishing model really feels less and less valuable compared to what an author can manage independently these days.
DeleteI too, am a sad victim of their scam. I say we all report them to the Trading Standard.
ReplyDeleteI understand your frustration and feelings of being scammed. However, from a legal standpoint, it’s not entirely clear that the practices of such publishers are illegal, though they are certainly unethical. In the UK, publishing contracts are legally binding agreements that authors enter knowingly and voluntarily. These contracts outline the terms, rights, payments, and responsibilities of both parties, and authors typically sign them after full disclosure.
DeleteThe publisher’s marketing tactics, including appealing to authors’ emotions, may be seen as manipulative, but unless there is clear evidence of fraud or deception, it is unlikely to be illegal in a strict sense. Authors agree to the terms, pay the fees, and assume the risks spelled out in the contract. That said, many industry professionals and authors caution against certain publishers for precisely these reasons and advise careful contract review before signing.
So, while it’s highly advisable to be cautious and informed, the key is to thoroughly understand and negotiate contracts to avoid falling into unfavorable deals rather than relying solely on legal recourse.
On the other hand, if you believe the publisher has not fulfilled their contractual commitments, that could be a different matter entirely. It would be important to check the contract carefully—were there specific deadlines or obligations mentioned that they missed? If so, this could constitute a breach of contract, which has legal remedies available.
DeleteSince the information you’ve shared is limited, I would strongly recommend seeking legal advice to review your contract and assess whether a breach has occurred. Key points would include whether the publisher delivered what they promised within the agreed timeframe. If there is a breach, possible actions range from terminating the contract to seeking damages, depending on the severity of the breach.
Legal guidance can help clarify your options based on the exact terms and circumstances.
I recently received the infamous email from Suzanne Mulvey after submitting a children’s picture story book promoting responsible pet ownership, and I took a slightly different approach in my response: “on your (Pegasus) Facebook page, you write in response to a reviewer that in order to be offered a traditional publishing contract, the book really has to wow you…I do believe in my book beyond the physical act of creating it…clearly my book does not wow you, certainly not enough for you to share my vision for the role I want it to play post publication. Therefore, I could not possibly enter into a contract with a publisher who doesn’t believe in the book the way I do; this would amount to an act of hypocrisy on my part”.
ReplyDeleteSince her email made such a fuss about Pegasus not being a vanity publisher, I intentionally used the word “hypocrisy” instead of “vanity”.
I do hope Suzanne enjoyed reading my response as much as I enjoyed reading her offer.
Oh, Suzanne is still around? I honestly thought she’d left Pegasus by now. Of course, it makes sense they have multiple people sending out these emails. :) Thanks for sharing your story—good to hear it from you as well.
DeleteWith regard to whether Pegasus Publishers are a traditional or a vanity publisher, I have copied below the last two of a long string of emails, where I have been trying to assess whether the quoted cost to me of £4,400 would be a wise investment.
ReplyDeleteGraham N
From: Graham N
Sent: 09 December 2024 11:20
To: Elaine W(Pegasus Publishers)
Subject: Re: Contract Offer - 'Title'
Dear Elaine
Thank you for your reply and I hope you had a pleasant weekend.
If I am to enter into a contract with Pegasus Publishing, the company ought to be able to provide me with the information I need to assess the feasibility of the project from my perspective. As it is, I have yet to be provided with sufficient information to make a valid judgement.
I understand that it is impossible to predict the sales volumes of a new title from a new author, which is why I asked for the median volume for similar books that Pegasus have produced. As it stands, I am able to calculate that I would need to sell 4,400 books if the average selling price is £4 per book (£1 royalties) or 1,760 books if every book retails at £10 per book (£2.50 royalties) and that is just to break-even. I simply cannot believe that Pegasus would enter into a contract with an author without first assessing the potential return, based on an estimated volume / selling price. Allow me, therefore, to rephrase my questions:
1) What is the median volume for similar titles that Pegasus have published, having signed up for the full promotion package?
2) What is the average retail price for similar titles that Pegasus have published? Or,
3) What are the actual assumptions that Pegasus have used to compile its own feasibility study?
The Share of Costs is also an important element in my assessment of the overall contract. If it is a straight 50/50, i.e. if I contribute £4,400 and Pegasus spends a similar amount, then fair enough. But if the £4,400 I contribute represents the total budget for this title, I would then question why Pegasus Publishing consider they are entitled to a predefined share of the royalties? So,
4) On average, based on similar works, what amount / proportion of the overall cost of publication does Pegasus Publishing contribute?
And lastly, another question which was not answered directly:
5) What is the initial print run and who bears the cost of subsequent print runs, author or Pegasus?
Surely you can appreciate my concerns. The worse-case scenario is that Pegasus Publishing prints 100 copies that retail at an average of £4 per book, then withdraws the title. So, anyone who is considering investing a not-insubstantial sum in any project ought to have some idea of the likely return.
Again, please respond to my queries point-by-point, many thanks.
Kind Regards
END
From Elaine (W) Pegasus Publishers
To: Graham N (New Author)
09/12/2024 12:15
Dear Graham,
I hope you had a pleasant weekend, too.
Unfortunately, I don’t believe we are a good fit, and your expectations appear questionable. One of the most frustrating things for best-selling authors and publishers alike is many authors only writing for a career. There are countless blogs and articles written by famous authors that say writing should happen as a hobby or passion, not to pay the bills, and if it turns into a career, that is a fantastic plus! Here are a few things to have in mind when you’re writing a book! Disclaimer: this is not to say that your book will not sell or become a bestseller. We’re just working on the odds of 3 million books released a year and only a handful of those go onto sell very well and create a platform for the author. Write Because You Love Writing Not Because You Want to be a Millionaire.
I wish you much success.
Kind regards,
Elaine W
Commissioning Editor
Pegasus Editorial Department
Sheraton House
Castle Park
Cambridge
CB3 0AX
United Kingdom
This is too hilarious to pass up. So basically, they want to profit from what you’re supposed to do as a hobby and passion—writing—yet they dismiss your expectations of earning from your hard work. Classic! Graham is quite the comedian. If they really believe writing is just a hobby, then logically, they should be proud to back such authors without charging a penny. Otherwise, just market yourselves as a pricey editorial service rather than a publisher.
DeleteIt’s hilarious how they try to speak to your inner authorial morals while simultaneously trying to squeeze money out of you and claim rights to your work in case you hit the jackpot. The unethical hustle wrapped in moralizing advice really amazes me! :P
This perfectly highlights the manipulative marketing tactics vanity publishers often use, appealing to authors’ emotions yet profiting from them in the end.
Hello and greetings to everyone.
ReplyDeleteI too, am a newbie author - have translated / collected an anthology of folklore and folksongs from my country because we are underrepresented.
I've been trying to get published for a year now, no modern publisher is interested in folklore if its not meant for children anymore and university publishers are only interested in academic work. - But therein lies the problem: folklore is for the folk - for everyone.
Anyways, I too, have contacted and received an offer from Pegasus.
I immediately caught the 'share the costs' line, but, at this point, 1 year into no luck at publishing, I was already considering self publishing.
My goal with publishing was to get physical copies out worldwide, or at least USA - EU, not just digital, so Amazon was out - I needed a publisher.
So, I proceeded with Ms. Elaine Wadsworth, who sent me over the contract.
I've just read it and the cheapest package is 2800 USD, and includes 'paperback, ebooks, webpage and "book trailer" whatever that may be'.
Now I understand Pegasus is a vanity publisher - but paying 2800 to have them print, design and distribute my book thru EU and USA doesn't sound too bad for 2800$. They offer higher royalties (25% for physical and 50% for digital), so I calculated I could break even with just 1000 copies priced at 14.99.
Now, the 'scam' part that I've read above is a bit concerning - particularly the part where the deal is 100-0 towards me, not 50-50? Is that true? If I do pay 2800 USD, won't Pegasus do the same?
And another part - they only print out x amount of book and ship it to whatever book store? They don't keep printing to an X amount of time? And whatever initial number is printed, I have to then pay them again to print? How so? Why so? Did I not already pay the 2800 amount? I don't understand.
It is important to note here that my goal with publishing is by no means to make money - I have no illusions, I know very few people interested in folklore these days. And I know I won't sell more than a few hundred, even if that.
My goal is to get the book out in stores / libraries to have the option for people like us (I began writing because my little sister, who no longer speaks our language wanted to read our folklore, but there was no translation available). For that, why Pegasus is a bad choice?
TLDR:
Already considering self publishing heavily, need physical books - 2800$ with Pegasus - who offer cover design, editing, digital, physical and US-EU distribution sounds alright by me - why should i not proceed?
Thanks in advance.