7-Figure Deal for YA author? - Link

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7-Figure Deal for YA author? - Link

Post by SmurfHead » December 17th, 2009, 9:22 pm

What the what?

http://www.agentsavant.com/as/index.cfm ... A%20Author

I'm kind of speechless. Not too surprised to see Jodi Reamer (Aprilynne Pike's and Stephenie Meyer's agent) on this, but still... wowza. Seven figures? I'm in awe.
Last edited by SmurfHead on December 26th, 2009, 6:11 pm, edited 1 time in total.
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Re: 7-Figure Deal for Debut YA author? - Link

Post by Richard A Kray » December 18th, 2009, 1:14 am

Wow. I hope my YA debut gets something along those lines. (Sending mental dollar signs at the editors reading it.) Auction. Auction. Auction.
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Re: 7-Figure Deal for Debut YA author? - Link

Post by shadow » December 18th, 2009, 9:38 am

thats a really good deal! I only wish we all have one like that!
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Re: 7-Figure Deal for Debut YA author? - Link

Post by SmurfHead » December 18th, 2009, 10:50 am

Of course, I'd be pleased with a 2-figure deal, but I wouldn't turn my nose up at 7 :)
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Re: 7-Figure Deal for Debut YA author? - Link

Post by dmarie84 » December 18th, 2009, 12:40 pm

Wow! The book sounds incredibly interesting too--something I'd definitely read.
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Re: 7-Figure Deal for Debut YA author? - Link

Post by BransfordGroupie » December 20th, 2009, 1:06 am

I wonder if that is why Jodi Reamer is among the top 3 on my 'A' list.
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Re: 7-Figure Deal for Debut YA author? - Link

Post by Max Quaye » December 20th, 2009, 6:20 am

I really wonder if that is so good for the author. It MIGHT lead to a stalled career if the book hasn't earned out the advance.
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Re: 7-Figure Deal for Debut YA author? - Link

Post by jnduncan » December 20th, 2009, 11:17 am

I hope for the author's sake that dystopian YA stories are still hot by the time it comes out. While I'd love that kind of money, I'd hate the pressure that would entail.

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Re: 7-Figure Deal for Debut YA author? - Link

Post by casnow » December 20th, 2009, 2:46 pm

damn... i'd take seven figures even if the first one was zero and you counted the two behind the decimal!

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Re: 7-Figure Deal for Debut YA author? - Link

Post by SmurfHead » December 21st, 2009, 9:46 pm

I think Max and jnduncan bring up some good points. Obviously, I wouldn't refuse a 7 figure deal, but I wouldn't look forward to all the pressure that comes with being crowned the next big thing.

However, I'd certainly be happy to deal with that problem if it ever comes. :)
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Re: 7-Figure Deal for Debut YA author? - Link

Post by Richard A Kray » December 22nd, 2009, 4:27 am

I don't think the pressure would get to me. Having had some lucky breaks and some good contacts made in the last industry I was a part of (music), I think I could earn back that advance. All it takes is hard work. So, yes, seven figures please. Or eight. Eight would be nice.
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Re: 7-Figure Deal for Debut YA author? - Link

Post by Max Quaye » December 22nd, 2009, 10:40 am

It would be really interesting to hear Nathan Bransford's take on this, since he's in a position to get that kind of advance in an auction for a debutant.
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Re: 7-Figure Deal for Debut YA author? - Link

Post by Nathan Bransford » December 22nd, 2009, 11:20 am

Max Quaye wrote:It would be really interesting to hear Nathan Bransford's take on this, since he's in a position to get that kind of advance in an auction for a debutant.
From your lips to god's ears.

But in seriousness, I think ultimately this goes to show that publishers are still very, very hungry for books that they think can break out in a major way, and they'll do whatever it takes to get them.

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Re: 7-Figure Deal for Debut YA author? - Link

Post by Max Quaye » December 22nd, 2009, 11:49 am

Thanks for the reply. :)

I know generalisation is dangerous, but looking at it from my perspective as a possible debutant (Hah! NYT Bestseller list, make way hear!) I think I would be wary of accepting such an advance, considering if I want to publish book #2.

I don't know. Do you feel there's any danger for the writer with that big an advance?
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Re: 7-Figure Deal for Debut YA author? - Link

Post by Nathan Bransford » December 22nd, 2009, 11:55 am

Max Quaye wrote:Thanks for the reply. :)

I know generalisation is dangerous, but looking at it from my perspective as a possible debutant (Hah! NYT Bestseller list, make way hear!) I think I would be wary of accepting such an advance, considering if I want to publish book #2.

I don't know. Do you feel there's any danger for the writer with that big an advance?
Well, since it was a three book deal the author really has three shots. I'd of course be nervous about expectations, but at the same time that's a huge demonstration of enthusiasm on the part of the publisher.

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