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, LakeDriveBooks.com, and Hyponymous.com.