Looking For A Piece Of The Hollywood Pie

When a book becomes a hit movie, you’d figure that the publisher who got the whole thing started would come in for a healthy slice of the profits. You’d be wrong – they generally don’t see a dime. “Galled by decades of this kind of equation, New York publishing houses have launched ventures intended to get a bigger piece of the Hollywood action. And who could blame them? Publishers hardly ever control the film rights to the books they put on the market.”