Patronage? Large Advances + Subscriptions?
Something besides what we have now. Writing a 200 - 300 page book takes fair bit of effort and time that is not directly compensated, hence advances and the upside of royalties.
Patronage? Large Advances + Subscriptions?
Something besides what we have now. Writing a 200 - 300 page book takes fair bit of effort and time that is not directly compensated, hence advances and the upside of royalties.
Of course we want to keep some of those who do, but I don't know what a good solution would be. Not least because there's a vast chasm in terms of effort: a novel of the same length can take days or years, and it's not at all a given the low effort one will be the worst one.
They book industry is much similar to venture capital, where a bunch of bets are made on books that they hope they hit it big, and get the rest of their income from the long tail of previous books they hang onto.