Literary Fiction’s Open Secret

Longreads

With the publication of my second book, ‘Little Known Facts,’ lightning seemed to strike. This novel was reviewed on the cover of the New York Times Book Review and went on to receive other good reviews. Not long after ‘Little Known Fact’s’ publication date, Bloomsbury acquired a second novel and a story collection. The advance for these two manuscripts was $10,000 more than what they paid for ‘Little Known Facts.’

The open secret is that literary fiction does not pay big dividends. At least not to most of its writers and publishers. Even with excellent reviews, there’s no guarantee that your book will sell. ‘Little Known Facts’ had a mid-five-figure advance and it has earned about three-fifths of it back so far. It was reviewed in several major-market newspapers and won a couple of awards. I did readings in cities all over the country to promote it, wrote many guest…

View original post 62 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s