Post by James NicollâAbout That (New) Dealâ
https://whatever.scalzi.com/2024/07/29/about-that-new-deal/
âDoes this mean your current 13-book contract with them is done?"
"No. Iâve still got six books on that one."
"⊠but now youâve signed a contract for another ten books."
"Yes."
John Scalzi is getting $300,000 advances for each of his books. Not bad
but he probably pays half of it to his agent, editors, proofers, etc.
Lynn
Your grasp of publishing costs is equal to your grasp of climate science.
So, John Scalzi does not pay his agent anything ? Nor does he pay any taxes
? He does not have any private editors ?
And you are so intimately involved in his book authorship that he just throws
everything into Tor and they cover all the expenses of editing, proofing, etc
? This might be true but, who knows about their private relationship.
The husband and wife team of Ilona Andrews recently disclosed that they had a
new contract with Tor for "Maggie The Undying" for seven figures for three
books.
https://ilona-andrews.com/blog/maggie-and-tor-questions/
"15% goes to the agent
32-35% goes to the government. The tax bracket at that level is 40%, but
there are tax-deductible business expenses, etc.
The rest is broken down over the period of three years and contingent on
delivery and publication."
"So, while the number is impressive, in practice itâs a little smaller. And
we are a business with several employees, many contractors, and all of the
associated business expenses. But that said, we are so incredibly grateful
and fortunate."
I am my own publisher for our software. I have spent tens of millions of
dollars over the years marketing and selling our software. I understand
these costs very well, way too well.
Lynn
qualified people to speculate about the percentages paid.