Comments on: How big are advances on first book sales?

By: The Money Side of Writing at Tales from the Raven

The Money Side of Writing at Tales from the Raven — Mon, 11 Jun 2007 22:55:53 +0000

[...] Jordan for this info and link to Tobias Buckell’s Author Advance Survey, I now feel [...]

By: Jordan Lapp

Jordan Lapp — Mon, 11 Jun 2007 19:30:17 +0000

In “On Writing” he claims his advance for Carrie was 200K. Ideally, you make the same amount of money regardless of your advance. We all know this doesn’t happen, but what can you do?

I’ve heard of authors getting huge advances for their first book. The key is to get a bidding war going between two different publishing houses.

By: Andrew LeBlanc

Andrew LeBlanc — Mon, 11 Jun 2007 19:24:48 +0000

In Stephen King’s case, though, he didn’t make the big money when he first sold Carrie. He first sold it to Doubleday for $2500, and only when the paperback rights were sold later did he make the big money.

Is that even possible today, I wonder? One imagines that they buy up all of the rights at once for the first price. The low price.