Inside the Collapse: What Traditional Publishers Don’t Want You to Know About Their Imminent Demise
When Authors Ditch Their Own Traditional Publishers
Authors, even well-known, best-selling ones, have been veering away from traditional publishing for years. According to The Steve Laube Agency, as far back as 2012, Ann Voss Peterson wrote of her decision to never sign another contract with Harlequin. One major statistic from the article is that she sold 170,000 copies of a book but earned only $20,000.
Barry Eisler, an author of thrillers, turned down a $500K advance from a traditional publishing deal so he could self-publish.
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