Interesting blog post today on John Green’s Sparks Fly Up website. John talks about book advances, and while most writers dream of that 7-figure advance, he states that maybe a lower advance will be more beneficial to the writer AND the publisher. In his post he makes an analogy based on our current mortgage situation: “It seems to me that the publishing business has a lot in common with the mortgage industry: A publisher loans you some money, which they expect you to pay back. And … [Read more...]