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.
Posted in Business of writing, Contracts, Markets, Publishers
Tagged Advances, Barry Eisler, Business of writing, Contracts, Dean Wesley Smith, e-publishing, indie publishing, J. A. Konrath, Markets, Money, self-publishing
Unless you don’t follow publishing news, I’m sure you’ve heard about J. A. Konrath signing a major deal with AmazonEncore. I advise reading about it at his blog since Publisher’s Weekly got some of the basic facts wrong .
Also, he’s well-known in e-publishing circles because of his candor in blogging his actual sales numbers on the Kindle since he started self-publishing there. There’s been a lot of handy information on his blog since he’s experimented with different approaches–like better book covers and changes in pricing–and I know he gathered it up for THE NEWBIE’S GUIDE TO PUBLISHING. I’ve downloaded it, and will try to find time to read it this summer to review here.
He’s getting swamped with emails from writers asking questions about e-publishing, so he just did a blog on “Top Ebook Questions.” I think it’s a good place to start exploring this new revenue stream for writers.
Posted in Business of writing, Contracts, Copyright, Markets, Publishers
Tagged Business of writing, Computers, Contracts, e-publishing, e-readers, Ebooks, J. A. Konrath, kindle, Markets, Money, Publishers, self-publishing, technology