Quote:
Originally Posted by taming
I think this is the true new publishing model: midlist authors are dropped and publishing house wait for crap to bubble up into potential best sellers.
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I think it's what the publishers would like to see happen but I'm not convinced yet. I think they are overpaying for successful indies right now because they want to stop the noise they're getting in the press and demonstrate that they'll jump on the BPH bandwagon at the first opportunity. It's yet to be seen how successful these authors will be under BPH pricing or if these contracts are profitable for the publishers.