DC Comics' Dan Didio and Jim Lee Detail How Creators Will Be Paid for Internet Content such as the IPad

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Here is the letter from Dan Didio and Jim Lee:

“This letter is the fulfillment of our promise, made in those earlier announcements, to provide you with the specifics of our talent compensation plan for works published digitally. in so doing, we become the first major publisher in the digital comics arena to announce a participation plan for all talent, thereby setting the industry standard in that regard.

We are pleased to announce that for every work published by DC in a digital format, writers and pencilers will each receive additional compensation equal to 5% of DC’s net receipts derived from the sale of that work. Inkers will receive 3% of DC’s net receipts. Those of you who have a creator-owned deal in place with us will receive a creator royalty of 3% of DC’s net receipts.”

This actually sounds like one hell of an incentive for creators to get online and sell their work through the new media. When creators and DC figure out what websites have long known, that ad revenue in addition to content sold is where the real money is, this will be huge business.

For a discussion of illegal downloading and how this will affect it, click here.

Credit: BleedingCool.com.

Glazer is a former senior editor at Pulse Wrestling and editor and reviewer at The Comics Nexus.