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Old 01-15-2011, 07:00 PM   #68
TFWpublisher
Publisher
TFWpublisher doesn't litterTFWpublisher doesn't litter
 
Posts: 5
Karma: 120
Join Date: Jan 2011
Location: The Great Northwest
Device: Kindle, iPad
Quote:
Originally Posted by Kali Yuga View Post
So you don't pay your authors any advances or royalties, then? Got it.

Or, perhaps you charge shipping on your ebooks?
I've been writing professionally for 53 years. I got married, bought homes and cars, put my kids through college, then married them off, all on the money I made as a freelancer writer. I may be a publisher, but I'm still a writer at heart. I pay my authors 20% royalties based on the retail price, while many ePublishers pay royalties based on the net. Big difference. Also, my authors are never charged for anything.

Advances? Unless your name is John Gresham or Stephen King, it's unlikely you're going to get an advance on any eBook, especially if you're an unknown writer. With the competition in the eBook field, that would be suicide for a publisher, in my opinion. It's just too financially risky.

--Ray, The Fiction Works
http://www.fictionworks.com
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