Not exact matches
The benefit to signing a contract can be a nice
advance, but self -
publishing allows you the freedom to remain in total control
of your content, which sometimes can be more attractive than the payout from that initial inked
deal.
Authors carve the creative control over their work, and they've come to realize that self -
publishing affords them an almost equal chance for income potential as a traditional
publishing deal, as evidenced largely by the fact that 24.8 %
of those who responded said they'd
published through a traditional publisher who offered a royalty split, but who did not pay them an
advance.
This works similarly to a traditionally
published deal — you get an
advance and a contract for a percentage
of the net earnings.
After being approached by Shelf Media about an unconventional
deal to
publish Final Appearance through Lulu.com, Stark decided against a traditional
publishing contract and royalty
advance because
of the greater control and potentially higher revenue share self -
publishing — or «direct
publishing» as Stark calls it — might bring to an accomplished novelist such as himself.
Amazon has a potentially industry - changing idea on its hands here with Kindle Scout, as the system provides a way to give books a stamp
of approval that can cut out the noise and sheer volume
of self -
published titles out there, and yet it manages to provide a better
deal to authors than most big
publishing house
deals, including a 5 - year term on
publishing rights granted to Kindle Press, a $ 1,500
advance, 50 % royalties paid on e-book sales, built - in Amazon.com marketing and what Amazon terms «easy rights reversion.»
Even if you get a traditional
publishing deal, the days
of big
advances for first time writers are largely gone (unless you are extremely lucky), and you will still be expected to do a significant amount
of marketing work on your own.
A good few indy - authors that I know
of have since gotten traditional
publishing deals based on their success with indy -
published books, but unless I were offered an insanely large
advance, I don't think I would go for it.
I can't «prove» this so I won't try, but it bears further emphasis that it still looks like the number
of authors who start as self -
published and then get «discovered» by the establishment and switch over is still larger than the number
of authors who say «keep your stinking
advance» and turn down a
deal to do the
publishing themselves.
Did you know that if you bundle audio / foreign rights in with your
publishing deal that when they sell those rights you get whatever percentage
of the sale that's in your contract and it's applied to your
advance?
For the
advance - and - royalty
deal, authors will receive a traditional
publishing contract, with the publisher covering 100 %
of costs.
Barry Eisler, the author
of two best - selling series
of thrillers, declined a traditional
publishing deal with a hefty
advance after his 12 - year - old daughter brought him to his senses:
For non-fiction, a super idea on its own could be enough to get a
deal even with a small platform, but the chances (and potential
advance) go up along with the size
of your platform... (lots
of authors hope to trad
publish because they DO N'T have a platform, but you actually need to build one yourself.)
Making the
deal, waiting for the first third
of your
advance, waiting for the editing
of your ms., waiting for the second third
of your
advance, waiting for the book to be
published, waiting for the final third
of your
advance.
Most retailers
publish the details
of their post-Thanksgiving sales well in
advance, so take a little time to map out where and when to get the best
deals.