Quote: dannyg, Saturday, 2 Aug 2008 18:30
I don't know anything about this one, Annie, but it's becoming more common for smaller publishers (like Legend) to offer both traditional and POD services so I wouldn't be automatically suspicious unless they try to get you to pay anything up front.
Pegasus is a vanity press, nothing else. Don't publish with them if you want your books, and your writing, to do well, or if you're not prepared to pay over-the-odds for boxes full of a poorly-edited, probably-unmarketable book.
As for smaller publishers offering both traditional and POD services: there are several problems there.
POD is not the same as self-publishing. POD is a printing technology and NOT a business model. Lots of publishers, large and small, use POD: sometimes to keep their backlists in print, sometimes to avoid the cost of a print-run when they're short on cash (which is, in itself, a red flag if you're looking for a publisher--if they can't afford to print their own books, they are likely to be in trouble).
When a small press asks its writers to make a financial contribution to the publication of their own books, this is a clear conflict of interests.
Publishers should make their money by selling books to readers: not by selling books to their authors, or by getting their authors to pay for printing, editing and suchlike. Vanity presses often make the claim that what they do is subsidy publishing or cooperative publishing, but it's really just an attempt to disguise themselves as something a little more reputable: many have started off as perfectly reputable commercial publishers, but then discovered that they make more money by getting their authors to pay for the printing process than they make by making the effort to publish and promote the books to a wider audience.
Now, I don't know about Legend, specifically. I've not checked them out at all. But I have to say that if ANY publisher asks for a writer to make any financial contribution to the publication process then the writer will walk away from the deal, if he or she has any sense at all.
That's not to say that self-publishing is a Bad Thing: in fact, it can be a good thing when done under the right circumstances. But make sure that you really are self-publishing, and not falling for a vanity publisher in disguise.
Self-published books will have the author's own imprint on the copyright page, and an ISBN registered under the author's name. The company which prints the book will not be listed as the publisher in the book, on Amazon, or anywhere else.
Please, everyone: research your publishers properly BEFORE you submit to them, and save yourself the time, money and heartache of getting involved with a vanity press.
So ends my sermon. I'll try to not lecture next time, I promise.
Apologies for any typos I might let slip by: I've developed a problem with my vision and I've not got used to it yet. How Publishing Really Works