Let's start out with business before fun.
Yesterday it was announced that NYT bestselling author Barry Eisler turned down a $500,000 legacy publishing contract. The same day we all found out Amanda Hocking is currently in negotiations for a traditional publishing contract.
Why the switchovers? Is the grass greener on both sides? Both have (supposedly) made millions, but both are turning to a new venture. Any thoughts?
Also, I'm starting a new feature on my blog in April. On Tuesdays, I'll be featuring book trailers. I love watching them and I hope you will too!!!!
If you're an author (indie or trad) and you'd like your book trailer featured on my blog, drop me an email at meggjensen@gmail.com.
Send me your:
Book Title
Name
Genre
Link to a You Tube book trailer
I was wondering that as well. They are obviously successful as self-publishing, so what would traditional publishing give them that they haven't done for themselves? Perhaps it would be easier to branch out globally and have your books in other languages? Better possibility for a movie deal??
ReplyDeleteMy guess is the immediate money. They said she was offered well over a million which is huge and means she'll get LOADS of marketing/support (remember the Twilight section at Borders?). And since it is only English rights, she can also right away sell tons of foreign rights(so maybe 30+ more contracts) and of course, the opportunity for movie deals.
ReplyDeleteI do, however, wonder if she'll keep her fan base. They like paying $.99 to $2.99 for her books now. Will they when they're at $18 hard cover and $10 ebook?