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Old 04-21-2012, 12:11 PM   #624
kennyc
The Dank Side of the Moon
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Quote:
Originally Posted by tompe View Post
Rip off in what way?

What seems to be missing from all the claims about how publishing works is that the publishers pay and take a risk. For a lot of books they publish they loose money. And for some they earn money. The reason they want to sign multiple book deals with authors is that the first books usually do not earn any money. So they need to have a contract for more books to maximize the chance of earning money on a writers books.
Uh no, on virtually all counts.

They pay the creators of the works only a small fraction of what is earned. The risks are their own, it has nothing to do with the author. They lose money because of stupid decisions and bad bets. It's their own fault. They want to sign multiple book deals to lock the author in, regardless of anything else, another one of those 'betting' things, but they can't lose because if the author's work sucks then they just go with it, no loss. If the author wins big then they only pay a pittance percentage to the creator and pocket the winnings while retaining all rights to the authors works.

You are WRONG, WRONG, WRONG.
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