The Literary Life

From the staff of BookSwim.com

Day: Monday, December 28th, 2009

Monday Mayhem: An Ode to Author Advances

To most of us, the business of publishing is an intriguing mystery. Do famous authors just walk into a publisher’s office, plunk down the bare outline of their latest masterwork, and smile indolently as the fawning publisher passes them a check for millions?

To find out, I’ve investigated author advances for some well-known titles. Here’s the advance that each title earned for its author:

£5: Paradise Lost (John Milton)
£1500: Harry Potter and the Philosopher’s Stone (J. K. Rowling)
$2,500: Carrie (Stephen King)
$3,939: The Great Gatsby (F. Scott Fitzgerald)
$10,000: Day of the Jackal (Frederick Forsyth)
$100,000: A Heartbreaking Work of Staggering Genius (Dave Eggers)
$100,000: The Time Traveler’s Wife (Audrey Niffenegger)
$750,000: Twilight (Stephenie Meyers)
$1.5 million: Bright Shiny Morning (James Frey)
$2 million: Official Book Club Selection (Kathy Griffin)
$3 million: as yet untitled (from NY Times: “the new book is an allegory — this time about the Holocaust — involving animals.”) (Yann Martel)
$5 million: Her Fearful Symmetry (Audrey Niffenegger)
$8 million: Thirteen Moons (Charles Frazier)
$15 million: My Life (Bill Clinton)

Do these numbers surprise you? Know of any other amazing/ horrifying author advance statistics? Comment below!

–Chip

WFSB-TV Better Connecticut: “If you didn’t get what you wanted — Rent it!”

See the article at WFSB.com

Watch the video segment for Better Connecticut

Why don’t you rent the items you didn’t get for Christmas? Kara talks about renting designer bags, dresses and even books! Rent Books Netflix style!