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I’m uncertain what it implies, though, other than that Trident has already established some success in getting self-published writers legacy contracts. Not that isn’t a potentially positive thing for everyone parties involved, of course, but what can other authors study from it? Robert: The greater formats the higher the reach. The greater the reach the more desirable an author is to a publisher. Barry: Or to put it yet another way: “If you achieve great success on your own, more people will be motivated to help you succeed then.” AKA, “Nothing succeeds like success.” Okay, as as truisms go considerably.
But why the assumption that the primary metric and major reason for success in self-publishing is to become more desirable to a huge publisher? Robert: Thomas and Mercer has already pushed back again on the number of ebook royalties they once offered in order to access a better revenue position.
Barry: You’re doing it again. You discuss potential benefits without discussing real costs. And now you’re talking about how T&M has lowered some of its royalties without bothering to compare T&M royalties with those of legacy web publishers. And legacy publisher digital royalties remain much lower. This is like ebook sales “slowing” Maybe? Certain T&M royalties started at a higher number and are lower now, while legacy royalties started at an even lower number and have never changed, so the way to describe all this is as a “T&M pushback”? I don’t think these distortions are deliberate, by the way; rather, I think they’re likely a reflection of varied biases which you’re unaware.
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But that doesn’t make them any more helpful for authors who want to gather sound information on which they can build practical business strategies. Wouldn’t it be more successful (and accurate) to state something similar to, “Amazon pays higher digital royalties than every other major publisher. Is that worthwhile for you?
It depends upon lots of things – most fundamentally, how many of your sales are digital vs just how many are paper. If the majority of your sales are digital, that higher digital royalty is going to matter a great deal. If the majority of your sales are paper, then it might make sense to fork over an increased digital cut to a traditional publisher for usage of the traditional publisher’s strength in paper channels.
Robert: The risk of paying advancements and primarily selling ebooks only is a challenge at best. Barry: I’m sure it is a challenge. But what’s the paper-based system, a cakewalk? Just how many legacy-published books lose cash? How many legacy published writers are decreased after a book’s performance disappoints? Are these questions not at least equally worthy of conversation? Why would you describe only 1 publishing approach as challenging, when all approaches obviously, in any business, for example, have their challenges? Execute a description is thought by you like that is accurate?
Well calculated to provide writers information they can productively use as they go about planning their professions and implementing decisions? Why not instead offer some data about how exactly many authors are making how much money with T&M vs just how many are making how much with legacy web publishers – and why? Wouldn’t that debate be more interesting and relevant as authors try to decide which route is practical to them?
Recently, David Gaughran blogged about astro-turfing by the publishing establishment. We gathered all the communications people together to discuss the problems and create an action plan. We’ve a multi-faceted audience to handle, and within the next a year you shall see key messages delivered, compelling stories of our effect on society for culture and education. We’ll ask you to personalize that message.
I’m very thrilled that there surely is a gathering of minds with this. Robert, I don’t know if your comments were an example of this type of key messaging – and I certainly wish not. But, respectfully, they feel that way. Don’t authors deserve better? Barry: Robert, thanks for having the integrity to reply rare in establishment posting -. If Scott Turow hunkers down for a lot longer, for example, I’m concerned his photo might start showing up on milk cartons.