06-23-2009, 08:47 AM | #1 |
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E-Publishers should pay advances
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Last edited by dadioflex; 12-15-2010 at 05:01 PM. |
06-23-2009, 03:07 PM | #2 |
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It remembers me to the speech of Spanish Secretary of Culture (former president of Spanish Movie Association) against the digital books. I know some authors who have left RWA because of this. I find it sad.
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06-23-2009, 03:09 PM | #3 | |
Now what?
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06-23-2009, 04:40 PM | #4 |
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There was similar push back at Dear Author, see Digital Publishing and the Alternative Economic Model.
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06-26-2009, 04:29 PM | #5 |
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It is a serious question, because a writer has to live for a year after finishing a book before revenue starts. If pay is instant, and larger, this might be enough, but if it is slow coming, and in small checks, a writer could lose the house waiting for funds.
As an example, a writer gets 20,000 on signing. Has to write the book. This takes the better part of a year. Gets another 20,000 on pub. But this takes the better part of the next year...you're working for 20,000 a year, and have to pedal hard to keep up. But e-book publishers are small and can't float the massive bank loans that let a NYC publisher front that kind of money. So a writer languishes, hoping for a total of 1000.00 next month to meet the mortgage, not to mention groceries...and it may or may not come...or come on time. Or if the small publisher folds, and rights are tangled, it gets even scarier. |
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06-26-2009, 05:58 PM | #6 | |
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on the other hand, most writers don't ever make approaching $20,000 for a book and many epublishers are small companies. if the epublishers happen to be honest and on time with their payments, for many authors it might be better than the small advance they could get for a new book. on the other hand, the few authors i know tend to wait forever for payment or even accounting.
have you read this thread which links to author benjamin hoff's essay? https://www.mobileread.com/forums/sho...&highlight=tao it's very important reading imo. Quote:
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06-29-2009, 03:24 PM | #7 |
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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. |
07-03-2009, 02:22 PM | #8 |
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That's true, about the multibook accounting. If you have something they really want you can get that out of the contract, but it's brutal if it's in there.
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07-17-2009, 03:58 PM | #9 | |
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07-18-2009, 12:28 AM | #10 |
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