New York Times Bestselling author turns down half a million advance and self publishes instead!
I was going to wait and put this in my upcoming newsletter but I didn't think you could wait. This story is true and anyone writing a book needs to read this blog and understand the reasoning. Mostly, we need to understand the economics when someone looks at $500,000.00 guaranteed and says "No thanks."
Barry Eisler has decided to move his new novel to a self publishing format and makes a compelling case for doing so.
I urge you to go to this link and discover why for yourself.
thanks to Twitter follower Patricia Singleton for the heads up.
You are very welcome "for the head's up" on Twitter.
ReplyDelete"Holy shit," that's pretty incredible. It does push me further in the direction of self publishing to say the least.
ReplyDeleteI had been going back and forth, not sure yet whether I could get a legacy publisher if I wanted one, and not sure I should want one. If I self published, I knew I could produce the book at a lower cost, higher profit and greater level of creative and editorial control. I also knew that self publishing had a kind of stigma attached to it, and that according to the numbers self published books most commonly only sell a few hundred copies.
If someone who's been a best seller writer would rather go to self publishing than remain with a legacy publisher that puts one up for the idea of self publishing.
Thanks for bringing this article to my attention.