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Jane Dystel has been one of the savviest agents at picking up indies and running them through the NY dog and pony show, where editors salivate and make foolish decisions. Congrats to Ms. Graves but there are a million other writers out there just as likely to be the next.
These indie-to-trad stories are a mixed bag. Boyd Morrison, one of the first, has already been dropped by his publisher. And when the price doubles or triples, and the extra cost is so obviously the corporate overhead and not any real improvement to the story, then it is hard to see many of these turning out as ultimately happy endings for either side (except, of course, the agent, who gets a mad stack either way...)
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