Saturday, May 28, 2011

Game Changer: Barry Eisler Signs with Amazon

For those of you who don't know, author Barry Eisler recently turned down a two book, $500,000 deal with one of the major publishing houses and self-publish instead. On J.A. Konrath's blog he said "I know it’ll seem crazy to a lot of people, but based on what’s happening in the industry, and based on the kind of experience writers like you are having in self-publishing, I think I can do better in the long term on my own."

So, imagine my surprise today when I heard that Barry Eisler has taken the same kind of deal but with Amazon. You can read about it on agent Janet Reid's blog.

What made Barry change his mind, and what does this mean for self-publishing?

Well, from what I understand, Amazon has changed the playing field yet again.  Not only are they launching their own imprints that publish authors in a more traditional structure, they pay advances AND still give the authors 70% royalties on reasonably priced e-books.  They also give authors more artistic control.

Basically, instead of either choosing to self-pub to maintain control and get higher royalties, Amazon has given authors a third option:  Get traditionally published, but with a better deal than the Big 6 publishers can ever hope to provide.

Did Barry make a good move?  What do you think about this new option for authors?

I'll be interested to see what you all think :).

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