A Better Publishing Model? Why Higher Royalties Matter More Than Advances
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A Better Publishing Model? Why Higher Royalties Matter More Than Advances
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Publishing has been disrupted. There’s now a better way for the vast majority of authors. In this episode, David and I get into the biggest problems with traditional publishing: consolidatation, huge overhead, low royalties, and unearned advances. Much recent evidence bears out the fact that for the vast majority of newer and mid-level authors, big publishing is simply no longer built to serve them.
Meanwhile, there's a better hybrid model that partners with authors' upfront investment to create organic, sustainable, and long-term sales, book after book. Listen in as I ask David about the significant benefits and strategic differences at Lake Drive Books.
Publishing Disrupted is at PublishingDisrupted.substack.com
Mick Silva is at MickSilvaEditing.substack.com
David Morris is at dvdmorris.substack.com and LakeDriveBooks.com