Authors often have dreams of making a lot of money from their craft, and, depending on your genre and publishing contract, that could happen. Authors make money in two phases: the advance and any subsequent royalties. Here's the breakdown of both of those and how to understand the income you earn from your book.
When an author signs a contract with a publishing house, the very first clause lays out the rights granted to the publisher. Without this clause, the contract doesn't exist and the author's manuscript doesn't get published. So what is a "grant of rights" and what does it entail?
Have you ever considered pursuing a higher education degree in publishing? Read here for a brief rundown of some of the most popular university programs in the United States. If you love books and want to be a part of creating them, working in publishing might be the career for you.
The world of publishing extends far beyond just literary agents and authors. Within the industry, a variety of departments work together to ensure that every book sails as smoothly as possible from acquisition to publication. Some of the sides of publishing are visible to authors and some happen behind the scenes. Here are some insights.
After you've built a platform as an author, researched literary agents, crafted a query letter, signed with an agent, and published your manuscript...the real work begins. Here are some ways that you can personally drive your book's sales post-publication.
In the publishing process, the last step is getting the books into consumers' hands. This oftentimes happens at bookstores, though other retailers also peddle books: big box stores like Walmart, gift stores, and—of course—the Internet. As a publishing professional and lifelong reader, the crisis facing small bookstores isn't lost on me. Saving these stores is important. Here's why, and here are some ways we might do so.
Each month, one of the weekly posts is a bit shorter and more personal: a “monthly mini-post” about my experiences in publishing and literary agency. I am currently pursuing a Master's degree in publishing and writing from Emerson College. For one of my last two courses this summer, I've created a directed study entitled Managing Subsidiary Rights. It will be a great opportunity for me to teach you about what I'm learning, and I'm very excited! Here's why.
An essential part of your job as an author is to find a way to help your work reach your audience. This is a task that a publicist or marketing associate will help you with once your manuscript has been accepted by a publishing house, but it's also something that you can start on your own right now, today. Here are three ways to build your platform before your manuscript ever passes through a publishing house's doors.
It isn't easy when an agent rejects your manuscript. Being able to accept the rejection gracefully and move forward with your process may take time. But once you've chosen your method and gotten through the toughest parts of the first few days, you'll have to pick yourself up and keep moving forward.
You finally get a response from an agent you've queried...but it's a rejection. Maybe this is your first rejection, maybe it's your fiftieth. Either way, rejection is never easy to deal with and it can hurt a lot. So how do you cope?