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May 14, 2005

royalties, tra la; and a question for you

I don't like to write about money much; it's a subject that others (particularly those who are most concerned with the business side of publishing) blog about at length and in more detail than I could manage. Sometimes I think about the possibility of following one of my novels through the whole process -- from contract and advance to the day it goes out of print -- but I'm not sure I have the courage to do this, and also, I have the idea that my agent and editor and publisher might not like it.

However: I do have a new contract in the works, which would be a great place to start such an experiment, but I'd have to clear it with everybody. But first: any interest in that? Wanna know how much money one of my novels makes, how and when and where it sells, etc etc?

It is true that once in a while I'll go off on one of my contemplations regarding used books, and royalties, and all that. For a different perspective from mine, and also a good story about royalties, have a look at this post from Scott Westerfield, who writes young adult novels. This isn't a hint, for those of you who might have borrowed or lent out my novels; it's just another take on things, in an interesting voice.

May 14, 2005 04:55 PM

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Comments

It's interesting to know how much things cost and how much people are paid in their careers. And I love those "It's Good To Be [Fill in Celebrity Here]" shows, where they announce the exhorbitant sums the celebs pay for a stay in a hotel or how much they pay for their dogs' pedicures. But with authors I really like, I'm childish enough to not really want to know too much. I like to think, whether it's true or not, that writers write because they're compelled to write. That they would write if it was not only not lucrative, but if writing was outlawed on pain of death. If an awesome author makes good money, rock on. But I don't want to know. It's my middle-class, Midwestern upbringing coming out. Talking about money is bad manners. And prying into others' finances is even worse.

Posted by: Sarah at May 14, 2005 05:30 PM

I'd be very interested to read the business-end of a novel's progress, from pre-commission onwards. In September, I shall be meeting with people to get my head around this kind of thing re writing radio dramas, and I'm very much looking forward to that too.

Posted by: Shane at May 15, 2005 02:24 AM

I'd be interested.

Posted by: Gary at May 15, 2005 06:18 AM

I would be interested as well. I think it is hard for an aspiring writer to get good information on this particular subject. Kind of like an insider's club. All I've been hearing lately is doom-and-gloom stuff, like the average advance is around 3000 dollars, and how large chain stores use their computerized inventory tracking of an author's previous book to determine the next book's order. So if, for whatever reason, the previous book didn't sell, well...

I have a hard time seeing how anyone makes a living at this. Hearing from someone who does would be not only be highly informative, but a bit of a morale booster as well!

Posted by: Suna at May 15, 2005 04:28 PM

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