On the one hand, I’m delighted to see the term “Partnership Publishing” in greater circulation these days; that implies that the approach is becoming more popular.
On the other hand, I get concerned when I find the label used inappropriately; that can cause confusion among authors and may put a crimp in an alternative publishing approach that’s particularly promising for late-blooming novelists.
The basic idea is simple: an author “partners” with a publisher to shoulder some of the risk of publishing a new novel (translation: pay some of the front-end costs). In exchange, the publishing agreement calls for royalties that are much larger than paid by a traditional publisher.
For example, the author may take on the burden of professionally editing his/her manuscript (probably at a cost of $1,500-3,500) and then contribute another $1,000 toward production costs. Clearly, the publisher doesn’t pay an advance against royalties and (this a biggie) the author is wholly responsible for book promotion from the get-go. (This isn’t much of a sacrifice for a partnering author. As I’ve noted in other posts, most traditional publishers silently impose the marketing duty on authors simply by refusing to spend their own money on adequate book promotion. )
The publisher exercises traditional quality control and assures that the manuscript meets publishability standards before agreeing to publish the novel. Once the project is underway, the publisher is responsible for the work of “publishing,” which includes a host of activities from book design (including cover development) to coordinating the production of paper and eBooks. Everything takes time — which ultimately translates into the money needed to pay people (either in-house or freelance). At the end of the day, a partnership publisher who does things right is likely to invest more money than the author.
When authors make front-end investments in their own books, they are putting their skin in the game — betting their money that all those dreams of success will come true. The principal payoff, as I noted, is a stream of larger royalty checks. I’ve seen partnership publishing agreements that give authors 50 percent of the publisher’s net revenues, rather than the traditional 10-18 percent (a number that’s typically cut in half when the publisher sells books at significant discount to book clubs and big-box booksellers.) The author can usually also buy copies of paper books — for sale at speaking engagements, local book fairs, and writer’s conferences — at close to publisher’s cost.
Alas, if you Google “partnership publishing,” you’ll find more than one so-called partnership publisher that invites the author to pay 100 percent of the publishing costs in exchange for 100 percent of the royalties. I don’t see any “partnership” in those numbers; it’s clearly self-publishing under a different label.
This is a pity, because true partnership publishing can produce a win-win situation for everyone involved. For starters, by investing a reasonable sum to partnership-publish our novels, a debut author escapes the uncertainty and long time delays of traditional publishing without moving all the way to self publishing — an approach that many people still see (rightly or wrongly) as akin to “vanity publishing.”
A partnering author also gains the advantage of being one of several other novelists published by the company — which is especially beneficial if the publisher has a stable of well-respected writers in the debut author’s genre.
A partnering author may also have a greater say in the cover design, and the look and feel of the book. To many debut novelists, the greatest advantage is that the publishing cycle is typically much faster than in traditional publishing (the new book is published in months rather than years)
IMO one of the most exciting aspects of true partnership publishing is the return of “small big-book publishers.” There was a time when the houses that published bestsellers by big-name authors were relatively small organizations who didn’t need to support vast corporate infrastructures. Contemporary novelists will be much better served by a large number of small, agile, publishers — many of them partnership publishers — who can quickly transform a manuscript into high-quality eBooks and paper books.
Whenever I say this, someone comments: “Small is agile, but the big, well established publishers have brand names that readers respect.”
My response: There was a time when particular houses were known for certain kinds of fiction. Publishers may think this is still true, but it’s been years since any of my well-read friends have talked about the latest release from a specific publisher. Readers care about authors and genres; there doesn’t seem to be much “brand loyalty” for specific publishers. In fact, a reader has to look diligently to find the publisher’s name when shopping at Amazon and other online retailers. (About the only exceptions are specialty publishers who focus on a narrow genre — for example, the handful of houses who publish category romance.)
To summarize: Partnership publishing offers genuine advantages to late-blooming novelists. If you look, you can find “real” partnership publishers out there. But watch out for self-publishing service providers operating in disguise.
February 27, 2012 (2:01) De-Focused on Fiction I am a piano teacher from Charlotte, NC and found your website as a link from another blog about tea. I loved readin...
November 7, 2011 (7:19) Walking the Walk Wow, such exciting plans and projects (and so glad to hear it was not a personal disaster of some sort, and you've bo...
October 28, 2011 (3:29) Writing Advice By the Bucketful Quick note to say I've missed you over here, Ron. Hope everything is all right with you and Janet, and you are both j...
October 9, 2011 (7:51) Writing Advice By the Bucketful I read a poem many years ago that ended with the line, "I never sang the songs I meant to sing, because I spent my li...
October 8, 2011 (12:33) Writing Advice By the Bucketful THANK YOU!!! I'm almost 50, have been writing forever, but over the past year or so have gotten seriously interested ...