And David Mamet of all people accepts them.
Lazy Literary Agents In Self-Publishing Money Grab via Argo Navis | The Passive Voice | Writers, Writing, Self-Publishing, Disruptive Innovation and the Universe
Mamet is represented by a major literary agency – ICM Partners – who are just one of many agencies to have signed a deal with Perseus Books-owned Argo Navis.
What Do Argo Navis Offer?
Essentially, Argo Navis are a distributor. They offer a portal through which authors’ work can be distributed to all the various retailers like Amazon, Barnes & Noble, Apple, and Kobo.
In exchange for this relatively trivial service, Argo Navis take a 30% cut. You read that right. After the retailer takes their standard cut (usually also 30%), Argo Navis take another 30% before passing on payments.
Obviously, this is massively overpriced compared to distributors like Smashwords or Draft2Digital, who only take 10%, and especially so when you compare the cost of going direct to retailers like Amazon (it’s free). But the problems with Argo Navis don’t end there.
Services like cover design, editing, formatting, scanning, and conversion are not included in this hefty price tag – but are available for a premium. Who provides those services? According to their website, it’s “third party specialists.”