I absolutely love the animated banner that the Goddesses of Promo made for Twice Upon A Roadtrip. Unfortunately, my “posting” area is 18 pixels narrower than a standard banner width, but if you want you can check it out here. (In the spirit of less coveting/more working my ass off, I’m not going to attempt to fiddle with either the blog or the banner. )
Also, the Smart Bitches and visitors are having an interesting conversation about Harlequin’s rumored very low royalty rate for e-editions.
During the conversation, the subject of e-pubs not offering advances came up. One pubbed-in-print author makes a good case for why that’s not a good thing. I totally respect her opinion and would probably agree with her if not for one of the big differences between print and epubbed:
It’s no secret my publisher pays monthly. It’s a fairly cut and dried process: Publisher releases ebook. Readers give publisher money. Publisher gives writer their substantial cut. Monthly. The money flows like a river.
Now let’s say that the publisher is pressured into offering advances. Now, every time they accept a submission they have to cough up some money. That means they need a pool to draw from. How do you get a pool? You dam up the river. Now the publisher gets the money from the reader and can’t give it to the writer immediately. They’ll disburse from the pool maybe four times, but more likely only twice, per year. And they’ll have to disburse less than they did before or the pool will start running dry and they won’t be able to pay those advances. So the author received a small advance, but loses out in the long run.
And while I do understand the arguments for ebooks earning advances, I personally think that as long as the epubs don’t think it’s broken and the e-authors don’t think it’s broken, we don’t need to fix it.