5:15AM STV | Evidently unhappy with the zero-percent residuals trickling in from successful film adaptations of their properties, publishers in recent years have sought a variety of ways to nudge their shares of adaptation profits higher. But where Random House
took the initiative in 2005 to offload Reservation Road and other forthcoming titles to the screen in a deal with Focus Features, today we’re learning of
an even more progressive strategy by Simon & Schuster: The publishing giant has a new packaging deal that will kick back 25% of revenues on adaptations of young-adult titles like its successful Spiderwick Chronicles.
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