Month: June 2011

1500:1

1500:1

A publisher can produce 1500 different books, great books, important books, groundbreaking books that could change the world  for what it cost to make the Green Lantern movie. The publisher could pay each author a $75,000 advance and produce the titles (enough to fill several bookshelves in thousands of homes) for the cost of one…

Read More Read More

Books are dead (long live books)

Books are dead (long live books)

Here’s an insightful, stick-with-you essay about what happens to books in a digital world. For me, there are two key insights: There are three stages–pre-artifact (there is no book yet), artifact (here it is) and post-artifact (what happens now? not much). Craig argues that all three stages are changing, and quite dramatically. The second insight…

Read More Read More

On the radio, in the store

On the radio, in the store

Here’s the unedited version of a radio interview I did about Domino, permission marketing and a new era of book publishing. Airs this weekend on the CBC for our Canadian readers… One fact to share: I just got the reports for the sales of our first three titles. Since March, we have shipped more than…

Read More Read More

Dr. Seuss never took an advance

Dr. Seuss never took an advance

For the last fifty years, the driving economic force of the book business has been the advance against royalties. Virtually all books aimed a mass audience earn precisely the same royalty per book. Stephen King, the unknown first time author and I get paid exactly the same royalty per book by Penguin. What changes is…

Read More Read More