http://www.blackplasticglasses.com Musings on Publishing and life in the Digital Age by Evan Schnittman Fri, 13 Jan 2012 15:07:20 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://www.blackplasticglasses.com/2009/04/11/book-advances/ http://www.blackplasticglasses.com/2009/04/11/book-advances/#comments Sat, 11 Apr 2009 16:47:51 +0000 Evan http://www.blackplasticglasses.com/?p=60 MICHAEL MEYER has a piece in the Sunday NY Times book review section entitled "About That Book Advance ...". While it logically has the perspective of an author, it does point out some of the issues associated with the predominant model in current trade publishing. One part that I think doesn't quite compute is the following: "In 1971, for example, Viking sold paperback rights to “The Day of the Jackal” to Bantam for 36 times the $10,000 hardcover advance it had paid its author, Frederick Forsyth. “Agents realized that they should be the ones holding auctions for their authors and get advances more in line with the anticipated total value of their books,” Georges Borchardt, who brokered...]]> http://www.blackplasticglasses.com/2009/04/11/book-advances/feed/ 1