![]() |
#16 | |
Grand Sorcerer
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Posts: 7,196
Karma: 70314280
Join Date: Dec 2006
Location: Atlanta, GA
Device: iPad Pro, iPad mini, Kobo Aura, Amazon paperwhite, Sony PRS-T2
|
Quote:
I've read that the average mid list author sells around 15K copies of a particular book. If you sell 15K copies, then yea, there is going to be a pretty big difference between what you pull in and what some author who sells a million copies pulls in. I'm not sure why anyone who consider that either surprising or an issue. If a publisher gives out a $100,000 advance and the author sells 5K copies, then the publisher takes a big loss, likely someone gets fired and everyone learns a good lesson in economics. If you can't correctly gauge the market, then you probably aren't going to last long as a publisher. |
|
![]() |
![]() |
![]() |
#17 |
Addict
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Posts: 300
Karma: 396757
Join Date: Nov 2007
Device: new oasis, paperwhite, ipad, kobo
|
Heh, I don't know if broken is the right term, but I've seen the 7 figure advance actually used as a marketing ploy ... given out so that there would then be a huge fuss about the author made and they get mentioned everywhere and the book becomes a best seller because everybody wants to see what is so amazing about a book that it's worth 1M dollars. And what's worth it is the fact that ... by giving the author that much, they have pretty much locked in revenue. Publishers can't play this game too often, but I've seen it a few times over the years.
If it's a debut author, I would bet money on that every time (for fiction, obviously celeb memoirs are their own category) |
![]() |
![]() |
![]() |
#18 |
No Comment
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Posts: 3,240
Karma: 23878043
Join Date: Jan 2012
Location: Australia
Device: Kobo: Not just an eReader, it's an adventure!
|
|
![]() |
![]() |
![]() |
#19 |
Grand Sorcerer
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Posts: 7,196
Karma: 70314280
Join Date: Dec 2006
Location: Atlanta, GA
Device: iPad Pro, iPad mini, Kobo Aura, Amazon paperwhite, Sony PRS-T2
|
Well, kind of obviously, they aren't going to give an author an advance that they don't think will earn out, anything below that figure is simply a matter of negotiations. That's why authors hire agents.
|
![]() |
![]() |
![]() |
#20 | |
Fanatic
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Posts: 509
Karma: 3455210
Join Date: Apr 2007
Device: Rocket, Nook ST, Kobo WiFi, Kindle PW
|
Quote:
Greg |
|
![]() |
![]() |
![]() |
#21 | |
Grand Sorcerer
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Posts: 7,196
Karma: 70314280
Join Date: Dec 2006
Location: Atlanta, GA
Device: iPad Pro, iPad mini, Kobo Aura, Amazon paperwhite, Sony PRS-T2
|
Quote:
|
|
![]() |
![]() |
![]() |
#22 | |
Fanatic
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Posts: 509
Karma: 3455210
Join Date: Apr 2007
Device: Rocket, Nook ST, Kobo WiFi, Kindle PW
|
Quote:
Greg |
|
![]() |
![]() |
![]() |
#23 | ||
Grand Sorcerer
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Posts: 11,732
Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
|
Quote:
Like here: http://www.idealog.com/blog/publishe...them-that-way/ Quote:
http://www.thestar.com/sports/baseba..._leaguers.html Which explains both the lockstep support for the status quo by the big money types like Preston and Child and the declining submissions by newcomers in the ebook-heavy genres like romance and SF&F among others. Shatzkin, being a tradpub advocate, has long been warning them that their toxic practices were driving authors to selfpub and Amazon and of the need to be more open about their actual costs instead of hiding them. He's worth reading if you can get past his readerless worldview. Last edited by fjtorres; 12-11-2014 at 09:13 AM. |
||
![]() |
![]() |
![]() |
#24 |
Grand Sorcerer
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Posts: 7,196
Karma: 70314280
Join Date: Dec 2006
Location: Atlanta, GA
Device: iPad Pro, iPad mini, Kobo Aura, Amazon paperwhite, Sony PRS-T2
|
I would be a bit more impressed if it was a bit more specific that the nebulous "savviest agents for the biggest authors". So is he claiming that JK Rowlings didn't earn out? Given that publishers can legally recoup an advance that doesn't earn out (though they rarely do), I find it unlikely that an agent would put their client in such a legally shaky ground.
|
![]() |
![]() |
![]() |
#25 | |
Fanatic
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Posts: 509
Karma: 3455210
Join Date: Apr 2007
Device: Rocket, Nook ST, Kobo WiFi, Kindle PW
|
Quote:
Greg |
|
![]() |
![]() |
![]() |
#26 | |
Grand Sorcerer
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Posts: 11,732
Karma: 128354696
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
|
Quote:
Not earning out doesn't mean they don't make money off the book, just that they never payout royalties. |
|
![]() |
![]() |
![]() |
|
![]() |
||||
Thread | Thread Starter | Forum | Replies | Last Post |
Advance from Big Six | EileenG | Writers' Corner | 110 | 08-02-2012 09:34 PM |
PRS-T1 No advance to next page | Toxaris | Sony Reader | 18 | 06-27-2012 06:54 AM |
Thanks in advance! | bhagwat68 | Introduce Yourself | 1 | 10-13-2011 06:29 PM |
How to tell if it's a Topaz, in advance? | apb | Calibre | 10 | 08-02-2010 10:05 AM |