This sounds like a game changer to me: http://lat.ms/r7D8Em

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They make special deals with special people.  It's all about money.  When you have that many sales, you can demand your own deal.  I have my doubts that the average author can get anywhere near such a setup. That is not to say one shouldn't try.
I.J., there's what?  Three of them, or so.  John Locke (what a name for a novelist, hey?) and Amanda Hocking, and a third.  Yeah, yeah: I know I should remember their names, but I don't.  Anyway, I agree with you that these are anomalous trajectories for special people, and these stellar flights to the top don't seem to be the norm (at the risk of my sounding like a nit-wit).  However, one should try, as you say.  It's such a feast-or-famine kind of world that we're lookin at, those of us who are shooting for the stars, hoping we'll end up like Locke or Hocking, but still out here plugging away, worrying about making a living by our writing.  Good thing I've got a lead-lined tummy.    

Precedents are important. First there was no slope, now there is one, and only time will tell how slippery it'll turn out to be.

 

I find it amusing that mere months ago virtually every inside commentator I encountered on the web--agents, editors, authors and so on--said this could never happen.

Eric, the thing I like about this slope is that it's not completely vertical, and the rock is rolling both ways.  This IS going to be fun to watch. 

The other may be Barry Eisler, or perhaps Konrath, though Konrath isn't as valuable to publishers as Eisler.

 

I have a novel out and have raised the point of keeping e-rights.  My agent has said, "no publisher will accept a book without e-rights."  Mind you, they pay a small amount over the pitiful 15 % I got from Penguin.  35 % was mentioned.  I hear some authors get 50%.  That is 50 % after Amazon and the others have taken their 35 %.

 

The really scary part is that e-books don't go out of print. I'm stuck with the Penguin deal and it hurts my sales as much as it affects royalties.  I'm so angry about this situation that I may have to turn down print contracts in the future in order to protect my electronic rights.  I'm totally opposed to giving e-rights to print publishers.  Let all the rights go separately to those who offer for them.

What's pretty cool about this too, Eric, is that you and I have the same agent as Mr. Locke. :)

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