Tag Archives: indie publishing

It’s Not Indie VS. Traditional, It’s Indie AND Traditional

As fiction writers, we live in an exciting era right now due to the new distribution opportunities available through Kindle, PubIt, and Smashwords. But to hear some writers talk, it’s Indie vs. Traditional, and one has to choose sides.

Well, a lot of neo-pros and old (20+ years) pros I’ve been talking to are excited about being able to do both indie publishing and traditional publishing at the same time.  Having more revenue streams as a writer makes it easier to pay the bills each month. And as long as one is careful about reading and negotiating away any excessively broad non-compete clauses in a traditional publishing book contract, doing so should not be a big deal.

Short stories still need to go to traditional markets first if you want to sell them to a place like The New Yorker.  But if you write a novelette or novella that can’t find a traditional home, it is now possible to indie publish it instead of just letting it sit around unpublished. And once the exclusive time frame on a traditionally published story expires (and if you didn’t sign an all rights contract), you can republish it as an indie reprint to generate more income.

But one thing I want to emphasize is the importance of thinking twice before giving away a royalty cut to an e-packager for an indie story.  Dean Wesley Smith and J. A. Konrath and Barry Eisler debate the pros and cons at length in a post put up today.

We’re all in for a wild run over the next few years in publishing. Since I used to work in the software industry–which makes publishing look glacial by comparison–I confess I’ve welcomed the publishing technology breakthroughs that are bringing on a faster business pace.

Barry Eisler Turned Down $500,000 Deal to Indie Publish

In case you haven’t already heard the gossip, thriller writer Barry Eisler has turned down a $500,000 advance from a traditional publisher so that he can indie publish his next 2 books instead.  You can read his interview with J. A. Konrath about the reasons here.

In the end, it looks like it came down to having much more money and control in self-publishing that tipped the decision for him to go indie. He’ll be able to make a heck of a lot more revenue over ten years by indie publishing than in the deal he was offered. And he’ll be able to get the first book published now instead of having to wait until Spring 2012.

Dean Wesley Smith has a thoughtful analysis on the Eisler & Konrath interview on his website. Reading Eisler’s blog post, followed by Dean’s, will give one a great crash course on money matters in publishing.