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Transcripts for BBCNEWS World Business Report 20210601 04:50:00

a plan, let s stick to the plan and there has to be at some stage, sadly for the people dying through this, gets to such a low level that we have to say it is an acceptable level. are we there yet? i suspect yes. level. are we there yet? i suspect yes- level. are we there yet? i suspect yes. level. are we there yet? i susect es. ~ , ., ., suspect yes. we shall find out in time in suspect yes. we shall find out in time in the suspect yes. we shall find out in time in the short suspect yes. we shall find out in time in the short term - suspect yes. we shall find out in time in the short term at i in time in the short term at least, thank you very much, justin urquhart stewart. authors are set to be able to receive royalties on sales of used books. up until now authors could only receive royalties on sales of new books, but a new scheme sets to make a change in the industry to recognise second hand book sales. authorshare is a new scheme designed to create a fairer deal for authors

Transcripts for BBCNEWS World Business Report 20210601 04:53:00

but today is the launch. what i caused this to start? obviously caused this to start? 0bviously books have been around for a very long time, second hand book sales, the industry also for an extremely long time, so why now? why now? during covid we thou~ht why now? during covid we thought about why now? during covid we thought about what - why now? during covid we thought about what we - why now? during covid we i thought about what we could why now? during covid we - thought about what we could do to support the author community and we want to encourage the reuse of books. people don t tend to throw away their books, they donate them or them so we got together with the society of authors and said, how can we support authors through the sale of second hand books? we came up with this scheme. the idea is that the scheme doesn t just reward the small number of really well paid authors, it also helps to redistribute funds beyond that and for those amounts that cannot be allocated to ind

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