Showing posts with label advances. Show all posts
Showing posts with label advances. Show all posts

Monday, 14 April 2014

Indie wars and statistics

The BBC published a lengthy article last autumn on current publishing in the UK, with some comparison statistics showing US and UK differences. Figures vary - as statistics always do! - depending who is writing, what the angle is and which figures they decide to quote. But the general trend is always the same - e-books are expanding their market share. The graphics are clear.
http://www.bbc.co.uk/news/business-23682885

There's also a wonderful argument going on at :
http://goodereader.com/blog/commentary/self-publishers-should-not-be-called-authors?utm_source=rss&utm_medium=rss&utm_campaign=self-publishers-should-not-be-called-authors

Basically there are several groups in the US who think there is, and should be, a distinction between self-published authors and traditionally-published authors. In order to join such organisations, you have to earn say, $1,000 over a calendar year.

"The Published Authors Network has strict requirements on who can join their organization. You have to earn $1,000 in the form of an advance on a single Eligible Novel. Or you have to earn $1,000 in the form of royalties or a combination of advance plus royalties on a single published Eligible Novel. Finally, you have to pull in $5,000 in the form of earnings for a Self-Published novel."

The "author" of the article goes on at length, and the comments section that follows is a hoot. But seriously, if this goes through, UK authors are going to struggle to gain a foothold in the US. Our much smaller market place makes it very difficult to earn such an amount in such a time. With a new book from an unknown author, it strikes me as virtually impossible. 

Thursday, 1 September 2011

Sackcloth and Ashes

Scanning the Bookseller today, I found this link about author Lloyd Shephard and ended up reading the whole article in the Guardian -
"This time last year, I was metaphorically invited to the only party I've ever wanted to be seen at. My first novel, The English Monster, was picked up by an agent, and then by a publisher, Simon and Schuster. It hits the streets in March 2012.

I've made it, I thought to myself as I clutched my invite to the most exclusive set of all. I'm going to be a published author.

So imagine my surprise - nay, dismay - to discover that publishing's streets were not paved with gold, but stalked by the anxious, the gloomy, the suicidal.

"Publishing's dead!" shouted men in sackcloth on Bloomsbury street corners. I had arrived at the party, but the coats were being handed out, the drink had dried up and the hostess had collapsed.
So I asked myself (somewhat desperately, positively naively): are things really that bad? What is the actual state of book publishing in Britain? Can writers really only look forward to a life of penury? Or should I stick my head in the sand, if only to deaden the sound of commissioning editors weeping into their lattes?

Follow the link - http://www.guardian.co.uk/books/2011/aug/30/death-books-exaggerated - it's well worth reading, for both aspiring and published authors.