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Best Seller Refuses $500k; Self-Publishes Instead

Anonymous Coward writes | more than 2 years ago

1

An anonymous reader writes "Barry Eisler, a NY Times best-selling author of various thriller novels, has just turned down a $500,000 book contract in order to self-publish his latest work. In a conversation with self-publishing afficianado Joe Konrath, Eisler talks about why this makes sense and how the publishing industry is responding in all the wrong ways to the rise of ebooks. He also explains the math by which it makes a lot more sense to retain 70% of your earnings on ebooks priced cheaply, rather than 14.9% on expensive books put out by publishers."
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Fun Interview, If a Tad Long (1)

SpectreHiro (961765) | more than 3 years ago | (#35568628)

I read this earlier today, and although the interview is a bit long (~13,000 words), there's a lot of really good information in there. Of course, Konrath is preaching the same gospel he's been at for more than a year now, but it was nice to get Eisler's perspective on a lot of the inner workings of the publishing industry. He also drops a few links that chronicle some of the (rather hilarious) struggles he's been through; one in particular concerned a thriller of his which a French publisher bought the rights to, translated, and wished to publish... with a cover depicting a chartreuse garage door and security camera. Riveting. Man, I would love to have been a fly on the wall during some of those meetings.

Anyway, I'm glad to see how successful Barry Eisler's become, and doubly glad he's shifting to self-publishing and being so vocal about it. I met him a few times shortly after the release of his first book, Rain Fall, back in 2003. At the time, I was working at a book store near his home and he would pop in every now and again to sign copies and motivate us to upsell his book. I got the impression that he's just a genuinely nice guy. He even humored me when I asked for tips on getting an agent, and he gave me a detailed and well thought out answer, no less.

On the other hand, I'm more than a tiny bit jealous, too. He's on track to make $30,000 from a short story he released on Kindle this year, while I'm struggling to sell a dozen copies a month. [amazon.com] Still, he's a good guy, and I wish him the best as he dives head first into the self-publishing world.

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