[Watch the video interview here on Youtube]
Anna David, Publisher, Author, Speaker, Podcast Host, and Television Personality: When I was being traditionally published my first book deal was fifty thousand dollars. I did five more deals. My final book deal was for two thousand dollars.
Film Courage: How much money can an author expect to make on their first book? Let’s say they have a publisher involved.
Anna: Publishing has changed so much since I got into it in 2005. Back then I will tell you (I’m always very tacky and open about money) I got paid fifty thousand dollars for my first book from HarperCollins and I was devastated because I knew all these people who were getting hundreds of thousands of dollars. This was actually almost at the same time that Hollywood was paying a lot of money for spec scripts too. Now I hear about advances that are five to ten thousand dollars. Publishing is an even more broken business than Hollywood. The way publishing works is that they know they’re going to really make the bulk of their money off of probably one or two books all year and they’re going to put all their marketing and all their promotion and all their efforts between into those few books and they consider everything else just a…(Watch the video interview on Youtube here).
BIO:
Anna David is the New York Times bestselling author of two novels and six non-fiction books. She has appeared repeatedly on Today, The Talk, Good Morning America and had a running segment on G4’s Attack of the Show that she co-hosted with Olivia Munn for three years. Her company, Legacy Launch Pad, writes and publishes books for thought leaders and her podcast has featured interviews with authors such as Robert Greene and Chris Voss. Her first book, Party Girl, is in development as a film tentatively scheduled to be shot in 2023.
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