Originally Posted by hill60
Does Amazon pay authors in advance, giving them the financial freedom to focus on their writing?
Glad that you asked. Yes they do!
Vincent Zandri hails from the future. He is a novelist from the day after tomorrow, when Amazon has remade the worlds of writing, printing, selling and reading books so thoroughly that there is hardly anything left besides Amazon.
Mr. Zandri, an author of mystery and suspense tales, is published by Thomas & Mercer, one of Amazon Publishing’s many book imprints. He is edited by Amazon editors and promoted by Amazon publicists to Amazon customers, nearly all of whom read his books in electronic form on Amazon’s e-readers, Amazon’s tablets and, soon, Amazon’s phones.
A few years ago he was reduced to returning bottles and cans for grocery money. Now his Amazon earnings pay for lengthy stays in Italy and Paris, as well as expeditions to the real Amazon. “I go wherever I want, do whatever I want and live however I want,” he said recently at a bar in Mill Valley, Calif., a San Francisco suburb where he was relaxing after a jaunt to Nepal.
Mr. Zandri, who 15 years ago had a $235,000 contract with a big New York house that went sour, has an answer. “Everything Amazon has promised me, it has fulfilled — and more,” he said. “They ask: ‘Are you happy, Vince? We just want to see you writing books.’ That’s the major difference between corporate-driven Big Five publishers, where the writer is not the most important ingredient in the soup, and Amazon Publishing, which places its writers on a pedestal.
Three weeks ago, just before he went to Nepal, Vincent Zandri signed a contract with Amazon for a new novel, “Everything Burns.” His $30,000 advance was immediately deposited in his bank account. By this point, he said, he is earning about what a junior lawyer makes at a big firm. Call it a comfortable six figures annually.
“It’s traditional publishing, but better, with a higher royalty rate,” he said. “I’m published by Amazon France, Amazon Germany, Amazon India. Soon, Amazon Mars.” The company sent him a free Kindle, and now he gets most of his books from Amazon. Most of the movies he watches come from the site as well. “Amazon touches every bit of my life,” he said.
Mr. Zandri is so embedded in Amazon that he recently started wondering about it.
Two years ago, he wrote about publishers on his blog: “I know I’m supposed to cry for these people, but they had a chance to survive and in fact thrive in today’s digital book publishing world, but they haven’t. And now they are going the way of the eight-track. Bon voyage.”
Edited by Russell - 8/10/14 at 10:56pm