As-you-know-bob, if you've been around for any length of time (or actually read my bio), I got into this publishing gig via editorial, not writing, back in the Long-Ago. in 2003, I flipped my percentages, and went from full-time editor/part time writer to full-time writer/occasional freelance editor.
I love doing both, and I missed working long-term with writers, from acquisition through publication, but I didn't want to go back to 9-6 Corporate. I hate meetings.
And then, a few months ago, I got into a discussion with Liz Pelletier of Entangled Publishing. And although I am normally leery of no-advance publishing contracts, what I heard from her made me think "huh...yeah okay, they're putting their money where their mouth is."
Or rather, they're NOT putting their money - authors are paid on a royalty basis, but nobody else at the company makes a cent until the book starts earning, either (not editor nor copyeditor, etc. They're all paid out of the post-publication earnings).
That is, Entangled is actually walking the no-advance walk, and sharing the risk with the author.
Huh. Okay. I could respect that.
So when they offered me a job as Senior Editor, on a contract basis, I said yes.
It's a strange new world, and an interesting new business plan. It seems to be working for them - and for their writers. And I'm always game for an Adventure...
So yeah, that's what's been in the works, the past few months. And now it's official, I am once again Writer. Editor. Really Tired Person. *g*
(No, I'm not acquiring manuscripts....yet. For now, I'm working with already-contracted writers, and helping out around the farm, as it were. But that situation will change soon enough.)
I love doing both, and I missed working long-term with writers, from acquisition through publication, but I didn't want to go back to 9-6 Corporate. I hate meetings.
And then, a few months ago, I got into a discussion with Liz Pelletier of Entangled Publishing. And although I am normally leery of no-advance publishing contracts, what I heard from her made me think "huh...yeah okay, they're putting their money where their mouth is."
Or rather, they're NOT putting their money - authors are paid on a royalty basis, but nobody else at the company makes a cent until the book starts earning, either (not editor nor copyeditor, etc. They're all paid out of the post-publication earnings).
That is, Entangled is actually walking the no-advance walk, and sharing the risk with the author.
Huh. Okay. I could respect that.
So when they offered me a job as Senior Editor, on a contract basis, I said yes.
It's a strange new world, and an interesting new business plan. It seems to be working for them - and for their writers. And I'm always game for an Adventure...
So yeah, that's what's been in the works, the past few months. And now it's official, I am once again Writer. Editor. Really Tired Person. *g*
(No, I'm not acquiring manuscripts....yet. For now, I'm working with already-contracted writers, and helping out around the farm, as it were. But that situation will change soon enough.)
no subject
Date: 2013-05-08 08:02 pm (UTC)no subject
Date: 2013-05-08 08:10 pm (UTC)(if this were my only source of income, I'd be a LOT more nervous, I admit...)
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Date: 2013-05-08 08:40 pm (UTC)Not writing, mind you, and I've never been an acquiring editor (just a copyeditor/proofreader of sorts), so that part of the business is still opaque to me.... but it does sound both fair and cool, but not for the risk-averse or paycheck-dependent.
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Date: 2013-05-08 08:46 pm (UTC)no subject
Date: 2013-05-08 08:58 pm (UTC)~*::Meow::*~
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Date: 2013-05-08 09:23 pm (UTC)I hate meetings.
Make that two of us. I'll drink to that!
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Date: 2013-05-08 09:28 pm (UTC)no subject
Date: 2013-05-09 03:25 am (UTC)no subject
Date: 2013-05-09 05:33 am (UTC)no subject
Date: 2013-05-09 07:51 am (UTC)no subject
Date: 2013-05-09 08:54 am (UTC)no subject
Date: 2013-05-09 11:26 am (UTC)no subject
Date: 2013-05-09 12:04 pm (UTC)no subject
Date: 2013-05-09 01:04 pm (UTC)Either it's an idea whose time has time, or perhaps something in the water?
Conga Rats!
no subject
Date: 2013-05-09 03:44 pm (UTC)