Suspend Your Disbelief

Posts Tagged ‘royalties’

Shop Talk |

A new model for advances?

The traditional model of publishing–for books, at least–has become a large(ish) upfront advance, followed by royalties: a small percent of the book’s sale, once the book has earned enough to pay off the advance. Here’s a counteroffer: as an author, would you trade a larger advance for a smaller payment upfront PLUS a bigger slice of the proceeds? That’s the new model of payment companies like Byliner and The Atavist are trying out. Reports The New York Observer: Like most magazines, The Atavist pays a fee up front when a story arrives in decent shape. Mr. Dobbs called The Atavist’s […]

Shop Talk |

Economics of a NYT Bestseller

You may have heard about author Lynn Viehl’s post about how much–or rather, how little–she earned on her New York Times mass market bestseller Twilight Fall. Viehl analyzed her royalty statement and came to a sobering conclusion: My income per book always reminds me of how tough it is to make at living at this gig, especially for writers who only produce one book per year. If I did the same, and my one book performed as well as TF, and my family of four were solely dependent on my income, my net would be only around $2500.00 over the […]