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WeekendWarrior

(1,437 posts)
26. Exceptions to the Rule
Mon Sep 24, 2012, 07:04 PM
Sep 2012

Last edited Tue Sep 25, 2012, 08:59 AM - Edit history (2)

"I know a number of full-time authors in my position, and we're doing fine in this so-called old school of publishing."

And I congratulate you for that. I am also one of those authors. My average yearly income is about $100K when all is said and done. But when I started self-publishing, I made that $100K in three months. Straight royalties. No advances. And my books are still earning. Many of my friends, who had day jobs, were able to quit them and concentrate on writing full time.

That said, MOST traditionally published authors start out with advances in the $5K to $15K range per book. They're usually locked into a two-book deal, an exclusivity clause in their contracts, and those two books will not be released until a year or even two after they receive that advance. Even authors getting a second contract (and that's not guaranteed) make advances only slightly higher. So now we're talking four years at say, if they're lucky, $30K to $40K with no guarantee that they'll earn out their advance. That's $30K to $40K spread out over those four years. I doubt many of them are making a living through books.

What you and I manage to earn is not even remotely close to what most traditionally published authors earn. We are the lucky ones. To say anything else is disingenuous at best and easily proven wrong by the facts.

"I can think of a number of good authors who started off traditionally published (and whose talents were obviously recognized by the Establishment) who later moved into self-publishing for a variety of reasons. But what about some names of brilliant writers who started off self-published and stayed there?"

I listed names that I think we can all agree on (to some extent) as "great authors," so, of course most of them are either dead or from a while back.

The self-publishing revolution is currently in its infancy, and there are plenty of websites pointing to new, untested authors who are selling books like crazy. There is one website partially devoted to self-publishing successes and lists dozens of authors who have sold in excess of 50,000 books in a year or less. Even in the traditionally publishing world that would be considered a success. And many of those authors have never had traditional publishing deals.

Will they ever be considered masters of their craft? It's far too early to tell. They obviously have a lot of readers. But ask me again in about thirty years. And during that time let's keep an eye out for the new Mark Twains coming from traditional publishing as well.

What I found very interesting, however, was this line:

"The self-published authors you list above, interestingly enough, date back at least half a century ago or more, to the days when many if not most books were self-published."

Yes, there was a time when many if not most books were self-published. Yet they somehow managed to become known and revered without traditional publishing gatekeepers.

Then some middle man figured out how to handle publishing and make a killing at it, and a new industry was born. But the ONLY REASON publishers had the upper hand for so long in the modern era was because they had control of a) the printing press; b) distribution; and c) marketing—with the latter two being the most important.

The gatekeeping wasn't necessary to "protect" readers. Readers can take care of themselves. It was necessary in order to control the flow of business and give the middle men an advantage over the marketplace AND over authors. They could offer authors a pittance because authors had no control over these three essential things. It was completely artificial, and there were undoubtedly as MANY great authors who were rejected as there were terrible authors, because traditional publishing is about SALES not quality. Publishers look for what appeals to the masses and makes their business most profitable.

But thanks to technology, traditional publishers are no longer in control. Authors are now on a largely level playing field. So it would only make sense that self-publishing has seen a resurgence over the last couple years.

EDITED FOR ALL THE RIDICULOUS ERRORS/TYPOS. I NEED TO LEARN NOT TO PRESS THE SUBMIT BUTTON SO FAST.
Okay, what does this mean to us as writers. [View all] Baitball Blogger Sep 2012 OP
I think the ruling is a good thing. sybylla Sep 2012 #1
The end result IS limiting of markets. With Amazon as the monopoly. mainer Sep 2012 #2
Don't disagree with you. But the solution shouldn't be illegal price fixing. sybylla Sep 2012 #3
Ridiculous WeekendWarrior Sep 2012 #4
Imagine a world with no publishers, no brick and mortar stores, and no print books mainer Sep 2012 #5
I'm going to make an educated guess that you're aware of this blog: kentauros Sep 2012 #6
I'm aware of Joe Konrath's blog. He's a smart guy. mainer Sep 2012 #9
Amazon gets to decide book prices kentauros Sep 2012 #12
Why is it self-published authors can set their prices and publishers can't? mainer Sep 2012 #13
I don't know why there's a difference. kentauros Sep 2012 #14
It's not about the prices set by publishers WeekendWarrior Sep 2012 #16
So if there's one other book for 99 cents, Amazon can price all books at 99 cents? mainer Sep 2012 #25
They don't WeekendWarrior Sep 2012 #29
Do you think the manufacturer of hammers WeekendWarrior Sep 2012 #18
Amazon undercuts prices at a loss... mainer Sep 2012 #20
Yes, they undercut prices WeekendWarrior Sep 2012 #27
How will libraries exist if publishers don't exist? mainer Sep 2012 #10
If you ever read Joe Konrath's blog, you'd know the answer to that question. kentauros Sep 2012 #11
Libraries will WeekendWarrior Sep 2012 #17
So you're fine with the extinction of print books. mainer Sep 2012 #21
I don think they'll ever be extinct WeekendWarrior Sep 2012 #28
Price fixing is illegal WeekendWarrior Sep 2012 #15
I never needed a day job. mainer Sep 2012 #24
Exceptions to the Rule WeekendWarrior Sep 2012 #26
This is complicated marions ghost Sep 2012 #7
There are plenty of 99 cent books you can buy. mainer Sep 2012 #8
Really? WeekendWarrior Sep 2012 #19
I get the strong feeling that I'm the only traditionally published writer posting here mainer Sep 2012 #22
It sounds like the pulp route is a very difficult process to break into. Baitball Blogger Sep 2012 #23
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