Dump The Advance, Watch Authors Everywhere Go Catatonic
We always appreciate it when someone comes out swinging, ready to fight the traditional publishing model. Lynne Scanlon, contrarian and cranky, has decided to enter the fray with a radical suggestion: dump the advance/royalty model in favor of cash-in-hand. As she rightly points out, contracts don’t favor the author (rule of thumb: the contract always favors the party who writes it): What’s an advance against royalties, really? It’s a loan. Something you have to pay back before you see a dime more. Yes, there is the possibility that enough copies will be sold at high enough prices and you’ll receive […]
