Eminem’s mother, Debbie Nelson, is being sued by her then manager/agent Neal Alpert. Alpert claims she was under contract with him when she agreed to do the book but he has seen none of the profits. The details aren’t exactly clear. I think it’s amazing that a manager can collect 25% of the profits from a book. I don’t think literary agents even collect that much. Hmm…I don’t know. If it were me, I’d be kind of pissed if someone was trying to get 25% off my earnings for something that had nothing to do with them. If he promoted the book and acted as a literary agent, then maybe…but 25%? From what I’ve seen it’s 15% for domestic sales and 20% for international. The book was released in 2007 (UK) but has yet to hit U.S. shelves.
Check out the Science Fiction and Fantasy writers warning on dishonest literary agents. Knowledge is power people. Never ever pay a reading fee.