Thursday, October 23, 2008

3 Publishing Myths

Myth # 1: “I will make more money as a royalty author with a big name, traditional publisher.”
TRUTH: The average royalty author will receive less than 5% of net book sale profits (after publisher expenses), while a subsidized author under the CSN Books and Legacy Line publishing “partnership publishing” model can reach into the 80% profit range. CSN Books and Legacy Line publishing have authors who have sold 40,000 books and made five times the money that a royalty author would have made on sales of 300,000 books.
Myth # 2: “I will still own the rights to my book with a royalty publisher.”
TRUTH: Not only do you no longer own the rights to your material, you also forfeit creative control. The publisher will make sure that you sign away creative control (not worded that way, of course) so that they can make whatever changes they think are needed for the commercial market.
At CSN Books and Legacy Line publishing you always own all the rights to your book, to your cover design, and you make all the final creative decisions.
Myth # 3: “I won’t have to pay a dime if I’m accepted by a royalty publisher.”
TRUTH: If you become one of the rare minority of authors who actually gets accepted by a true royalty publisher, then be ready to brush up on your math skills. Royalty publishers are very aware of their power position regarding your book; they know you think that they are “the answer” to all of your prayers, so they are very good at leveraging the relationship in their favor.
The first surprise you may have in your contract is that you give up the ownership rights to your material. That’s right, it is no longer yours, unless of course you are willing to buy out the contract.
The contract you sign is normally what is called a “unilateral” (one-sided) contract, created to benefit the publisher, even if you do not sell a single book. The traditional publishers have evolved a system that lures you into thinking you are going to have a best-seller, yet, in truth, they will do just fine if you do not sell many books at all. Just because you have a royalty contract, do not expect to get out of paying for the process. Some current so-called royalty publishers will actually charge you a huge amount to publish your book, charge you for every process along the way, and still own the rights to your material!

Dr. Mike

CSN books offers all publishing services including proofing , editing , and cover design.
Our printing is high quality, and we offer marketing and distribution.

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