Mr. Miller, who was most recently president of Hyperion, said he hoped to offer authors a 50-50 split of profits.
Some biotech companies are demanding a 50-50 split of profits from their drugs and a role in the marketing that will help them become full-fledged drug companies.
Ms. Friedman said the new group, which will initially publish just 25 titles a year, would offer "low or no advances". Mr. Miller, who was most recently president of Hyperion, said he hoped to offer authors a 50-50 split of profits.
Researchers have identified three fairness norms that people frequently invoke: equality (in this case, a 50-50 split of profits), equity (a split in proportion to input, which would favor your partner), and need (a split that favors you and your family).
Withnegotiations on Zanzibar bogged down between the island and the mainland over which should benefit (semi- autonomous Zanzibar is unhappy with a proposed 60 40 split of profits), Mafia and its tiny neighbour Chole seem likely to be the first to see exploration, perhaps within a year.
Ross renegotiated contracts; the new ones call for US Oncology to provide front-office management in return for a 30% split of profits.
Merchants are open to trying your site's model if you can prove that you have their best interest in mind and can structure deals that can help them retain customers and offer them more than a simple 50/50 split of profits.
After a return of capital back to the investors, capital will then receive an agreed upon-preferred return pari-passu, after which time there is a split of profits above the preferred return of 80% to the LPs and 20% to the GP.
Yale at the time required a 70/30 split of profits from patents, with the university getting the bulk, and he thought that was unfair.
I believe, however, that a three-way split of the profits omits an important fourth party.
