Wednesday, March 21, 2007

And If It Is Their Fault, They're Paying For It...

This article confirms what I've always been saying.

Thanks to Clare for the link.

4 comments:

Charles Lambert said...

This makes me feel happier about receiving such a measly advance: half the average annual salary of a writer for three years' work.

What's more, if my publisher's expectations are low, they'll be more easily met...

Alan Kellogg said...

An advance is nothing but a bet the publisher puts on you. If he's right, he wins. If he's wrong...

I say go for a percentage of the gross. Small, say around 3% of the wholesale price. So if your opus sells for $10.00 to the distributors, you get $0.30 a copy. Sell 10,000 copies, that $3,000.00, clear.

Think long term, you'll be happier all things said.

Debi said...

Yet more confirmation.

I have given up the day job.
I might also have to give up eating ...

Elizabeth Baines said...

Charles, I'm so sorry, your comment didn't come through on email and I've only just been to comment moderation and found it. Yes, I agree with you totally. As I've indicated elsewhere last year an agent hoped to get a big sum for a novel of mine, and though I was flattered I was pretty worried, scared that this money thing would adversely affect the publishers' decisions, or that if I did get a big sum I might AS A CONSEQUENCE be out on my ear the next year. In the event the agent failed to sell it and felt compelled to drop it very quickly. The independent publisher I have found for myself (for a different book)has paid me no advance whatever, but has made it clear that she is interested in developing me as a writer and my career, and though I am skint I am worlds happier!!!