MobileRead Forums - View Single Post - E-Publishers should pay advances

doreenjoy · 06-29-2009, 03:24 PM

With print publishers, they are holding an author's intellectual capital hostage for YEARS and must offer an advance to do so. If a multi-book contract has joint accounting, the author won't see a dime more than that advance (which is often in the very low thousands, like $1500) until all the books on that contract have released and earned out the advance.

E-publishers pay royalties within MONTHS of the book being delivered by the author, so they are not holding IP hostage. There is no reason for an e-publisher to pay an advance.

Even so, some e-publishers *do* pay advances. see www.loose-id.com/prospective.aspx

Yet another instance where RWA understands *nothing* about the e-publishing industry.

06-29-2009, 03:24 PM	#7
doreenjoy 01000100 01001010 Posts: 1,889 Karma: 2400000 Join Date: Mar 2009 Device: Polyamorous	With print publishers, they are holding an author's intellectual capital hostage for YEARS and must offer an advance to do so. If a multi-book contract has joint accounting, the author won't see a dime more than that advance (which is often in the very low thousands, like $1500) until all the books on that contract have released and earned out the advance. E-publishers pay royalties within MONTHS of the book being delivered by the author, so they are not holding IP hostage. There is no reason for an e-publisher to pay an advance. Even so, some e-publishers do pay advances. see www.loose-id.com/prospective.aspx Yet another instance where RWA understands nothing about the e-publishing industry.