01-11-2014, 07:04 AM | #1 |
Wizard
Posts: 3,418
Karma: 35207650
Join Date: Jun 2011
Device: iPad
|
Traditional Publishing Truth
Better read this fast, the original article was pulled, but Google still has it in cache...
http://webcache.googleusercontent.co...&ct=clnk&gl=uk I think some will find that very eye-opening. |
01-11-2014, 07:11 AM | #2 |
Connoisseur
Posts: 51
Karma: 1000000
Join Date: Sep 2012
Device: none
|
Very interesting read and you can see why authors prefer selling ebooks.
|
01-11-2014, 07:14 AM | #3 |
Grand Sorcerer
Posts: 6,235
Karma: 11768331
Join Date: Jun 2009
Location: Madrid, Spain
Device: Kobo Clara/Aura One/Forma,XiaoMI 5, iPad, Huawei MediaPad, YotaPhone 2
|
|
01-11-2014, 07:20 AM | #4 |
Connoisseur
Posts: 57
Karma: 260130
Join Date: Aug 2013
Device: Kindle
|
Thank you for the link. Sad that she felt she had to pull her post.
|
01-11-2014, 07:23 AM | #5 |
Wizard
Posts: 3,418
Karma: 35207650
Join Date: Jun 2011
Device: iPad
|
|
01-11-2014, 04:43 PM | #7 |
Guru
Posts: 802
Karma: 4727110
Join Date: Aug 2010
Location: Sweden
Device: Iriver Story
|
All this makes me now much more willing to buy ebooks instead of pbooks.
|
01-11-2014, 05:12 PM | #8 |
C L J
Posts: 2,912
Karma: 21115458
Join Date: Dec 2008
Location: Birmingham UK
Device: Sony e-reader 505, Kindle PW2, Kindle PW3, Kobo Libra2
|
I think that article was just whingeing. Surely all authors understand that an advance is an advance on royalties, not a gift. It's a bit like when I used to let rooms and took a month's advance rent plus deposit. The rent allowed them to live there for a month, then they'd pay me again to live there for another month. Likewise, advances on royalties, if £5,000 covers the first £5k of the royalties an author makes on the book, when that figure is exceeded, the author begins receiving royalty payments.
This is nothing new to anyone who has an interest in writing, so I felt she was just having a bit of a moan. Unless the piece was written for non-writers who have the mistaken impression that writers make lots of money when only a few do. Last edited by BookCat; 01-11-2014 at 05:14 PM. |
01-11-2014, 05:54 PM | #9 | |||
Grand Sorcerer
Posts: 11,305
Karma: 43993832
Join Date: Feb 2010
Location: Monroe Wisconsin
Device: K3, Kindle Paperwhite, Calibre, and Mobipocket for Pc (netbook)
|
Quote:
Quote:
Quote:
|
|||
01-11-2014, 06:44 PM | #10 |
eReader
Posts: 2,750
Karma: 4968470
Join Date: Aug 2007
Device: Note 5; PW3; Nook HD+; ChuWi Hi12; iPad
|
Thanks for posting it, but that article's all information that is very readily available. If you're considering publication and don't know that, you haven't done your due diligence.
The other thing to remember is that while the average indie author starts getting paid faster and gets more money per book, the vast majority don't make $10,000 for their first book either, no matter how it gets spread out. |
01-11-2014, 07:26 PM | #11 | |
Grand Sorcerer
Posts: 11,305
Karma: 43993832
Join Date: Feb 2010
Location: Monroe Wisconsin
Device: K3, Kindle Paperwhite, Calibre, and Mobipocket for Pc (netbook)
|
Quote:
|
|
01-11-2014, 08:09 PM | #12 |
eReader
Posts: 2,750
Karma: 4968470
Join Date: Aug 2007
Device: Note 5; PW3; Nook HD+; ChuWi Hi12; iPad
|
If you already have a following and a backlist, you'd be a fool to put it with a commercial house. However, if you're just starting out it's well worth the time to look at all your options and balance them out. Neither commercial nor indie publishing is right for everyone.
|
01-11-2014, 09:49 PM | #13 | |
Grand Sorcerer
Posts: 7,038
Karma: 39379388
Join Date: Jun 2008
Location: near Philadelphia USA
Device: Kindle Kids Edition, Fire HD 10 (11th generation)
|
Quote:
I don't think HarperCollins should do that. They should see themselves in the business of disseminating information, not suppressing it. They also are in the business of making money, but I can't believe there is solid evidence that such clauses increase publisher profits. |
|
01-12-2014, 04:54 AM | #14 |
Wizard
Posts: 1,264
Karma: 10203040
Join Date: Dec 2011
Device: a variety (mostly kindles and kobos)
|
I imagine it's a negotiation thing.
|
01-12-2014, 08:58 AM | #15 |
Grand Sorcerer
Posts: 11,305
Karma: 43993832
Join Date: Feb 2010
Location: Monroe Wisconsin
Device: K3, Kindle Paperwhite, Calibre, and Mobipocket for Pc (netbook)
|
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
One good reason for traditional publishing | gmw | Writers' Corner | 35 | 11-27-2012 07:45 PM |
Huffington Post - The New Vanity Publishing : Traditional Publishing | fjtorres | General Discussions | 2 | 08-26-2012 08:48 AM |
Traditional Publishing Is My Bitch! **FREE** | Mike Cooley | Self-Promotions by Authors and Publishers | 3 | 11-11-2011 01:25 AM |
Independent ebook publishing vs traditional publishing | kennyc | Writers' Corner | 5 | 03-17-2011 09:35 AM |
This is how much a writer makes with a traditional publishing house | Andanzas | Writers' Corner | 35 | 02-14-2010 11:09 AM |