Conger (syndicate)
Encyclopedia
The conger was a system common in bookselling in 18th and early 19th century England, for financing the printing of a book
Book
A book is a set or collection of written, printed, illustrated, or blank sheets, made of hot lava, paper, parchment, or other materials, usually fastened together to hinge at one side. A single sheet within a book is called a leaf or leaflet, and each side of a leaf is called a page...

. The term referred to a syndicate
Syndicate
A syndicate is a self-organizing group of individuals, companies or entities formed to transact some specific business, or to promote a common interest or in the case of criminals, to engage in organized crime...

 of booksellers, mostly in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

, who bought shares to finance the book
Book
A book is a set or collection of written, printed, illustrated, or blank sheets, made of hot lava, paper, parchment, or other materials, usually fastened together to hinge at one side. A single sheet within a book is called a leaf or leaflet, and each side of a leaf is called a page...

's printing. Each member agreed to take so many copies for sale themselves, and the final profit was split in proportion to the members' initial financial input. Their names all appeared on the title pages as co-publishers, though one of the major publishing houses usually took the lead in setting the deal up.

Prior to the Statute of Anne
Statute of Anne
The Statute of Anne was the first copyright law in the Kingdom of Great Britain , enacted in 1709 and entering into force on 10 April 1710...

, the Conger (often seen capitalized) also had an effect on copyright
Copyright
Copyright is a legal concept, enacted by most governments, giving the creator of an original work exclusive rights to it, usually for a limited time...

. After the printing became common, publishers took the position that having purchased a work from an author, the right to control its publication continued permanently. Courts supported the claim via precedent, until the Statute was passed early in the 18th century, after which it was law that literary works went into the public domain
Public domain
Works are in the public domain if the intellectual property rights have expired, if the intellectual property rights are forfeited, or if they are not covered by intellectual property rights at all...

 after a fixed time set by statute.

This system seems to have been mostly used in the financing of major projects -- for example, multi-volume works such as encyclopedia
Encyclopedia
An encyclopedia is a type of reference work, a compendium holding a summary of information from either all branches of knowledge or a particular branch of knowledge....

s. Shares were often subdivided and re-sold, so the actual balance of ownership became very convoluted.
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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