Quote:
Only a few years back, previously unknown writer Diane Setterfield scored a seven-figure advance for her debut novel, "The Thirteenth Tale," while Jed Rubenfeld was paid $800,000 for his debut, "The Interpretation of Murder."
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Sorry, but such advance payments are way off the charts. For debut novels?!
In Germany, you may call yourself lucky if a renowned publisher pays you 2.000 Euros in advance for your debut novel (and still will deduct for any copies not sold) - if you're paid an advance at all!
But, sure, put the blame to lower advances on eBooks, with their 10% of market share, at best. 90% left for book sales? Nope, won't save the day ...
Life and argumentation is so easy when there's a scapegoat around next corner.