Thursday, April 9, 2009

Is The Economy Hurting Writers’ Wallets?

Authorial decisions lead to making economical choices that are in the best interests of their checkbooks.

Scott Turow has decided to switch publishers when it comes to producing the sequel to his bestseller “Presumed Innocent”. Grand Central Publishing, which has produced seven of Scott Turow books in paperback, will be publishing that not yet named sequel in May 2010.

“Mr. Turow said in an interview that it no longer made sense to have one house publishing his books in hardcover and another releasing them in paperback. Such arrangements were common when he first sold the rights to “Presumed Innocent” in 1986 but are much rarer now, especially for a bestselling author.”

Some authors reasons for changing publishers deals with unhappiness that they might feel with said published, but Turow insist that was not the case. He had no problem with his previous publisher, Farrar Straus & Giroux, but knew it would be more sot effective if he decided to only have one publisher.

“Gail Hochman, Mr. Turow’s agent, said splitting editions between two houses made it more difficult for an author to achieve the best possible financial arrangement.”

How long do you think it will take before other authors follow suit?

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