View Single Post
Old 11-26-2008, 08:58 AM   #6
bill_mchale
Wizard
bill_mchale ought to be getting tired of karma fortunes by now.bill_mchale ought to be getting tired of karma fortunes by now.bill_mchale ought to be getting tired of karma fortunes by now.bill_mchale ought to be getting tired of karma fortunes by now.bill_mchale ought to be getting tired of karma fortunes by now.bill_mchale ought to be getting tired of karma fortunes by now.bill_mchale ought to be getting tired of karma fortunes by now.bill_mchale ought to be getting tired of karma fortunes by now.bill_mchale ought to be getting tired of karma fortunes by now.bill_mchale ought to be getting tired of karma fortunes by now.bill_mchale ought to be getting tired of karma fortunes by now.
 
Posts: 1,450
Karma: 1550000
Join Date: Sep 2008
Location: Maryland, USA
Device: Nook Simple Touch, HPC Evo 4G LTE
Well, if Ralph Sir Edward's analysis is correct, they are in a situation where most of the money they are making is already spoken for by royalties, unpaid but promised advances and other financial obligations. This is not an uncommon situation in many companies, but now a lot of companies are having a hard time getting credit which limits their ability to get new authors.

Of course, the ridiculous advances that many publishers have been paying lately might have something to do with it.

--
Bill
bill_mchale is offline   Reply With Quote