She, along with a lot of writers, feel the RWA has taken a wrong turn by not supporting ebook authors.
RWA’s current stance on e-books is that a publisher must offer at least a $1,000 advance in order to qualify for legitimacy.You may think that this stance keeps out only those who self-publish, but it affects a lot of writers.
HarperStudio has created an initiative whereby authors will forego advances and traditional royalties in favor of a fifty-fifty profit share. No advance, no returns, and a larger share of royalties… perhaps RWA will soon feel the need to denounce HarperCollins.Ms. Knight goes point by point, countering RWA.
I say this to counter RWA’s claim that e-publishers do not invest in or take risks on their authors because they don’t pay advances. In short, RWA dismisses e-publishers’ validity, despite the fact that they pay four times as much in royalties, simply based on the timing of their payments….These are only snippets of what she said. Be sure to link over to the full article to read all of it.
Meanwhile, let’s talk about RWA’s position that e-published authors who make more than $1,000 in royalties are a rare exception. As an agent, I have seen a fair number of statements for clients writing for Ellora’s Cave and Samhain. The majority of these writers have passed that $1,000 benchmark within the first few months….
Not only did I sell digitally published authors to houses such as Random House, Penguin Putnam and Harlequin, but their e-readership followed them to print, launching them with a huge built in advantage in such a tough market.