showme:
Not sure I follow you here. Isn't every business a "start-up" venture at some point? And isn't it usual for a writer to open a publishing house, in much the same way as an electrician starts an electrical company, etc.
Yes, but there are start-ups and start-ups.
I would assume that any electrician who starts their own electrical company is someone who is actually qualified to do electrical work and has appropriate experience for them to do the job. The last thing you would want is someone who had once temped as a secretary for their local electrician deciding that this qualifies them to start up as an electrician in their own right.
Similarly, if someone starting up a publishing company has already worked for a commercial publishing company then it inspires confidence that they know what they are doing. For example, if Christie Browers had worked as an acquiring editor or senior marketing person or accountancy figure at, e.g. Simon and Schuster, then it would give me confidence that she had the background and connections to make FT&D a company worth exploring. Unfortunately, her only experience seems to be with a company that itself does not have an incredible reputation and does not appear to pay advances. That automatically makes me question whether she has the credentials for her company to be worth submitting to.
showme:
As far as I can see, Christie Bowers who is CEO at Fairytales and Dreams is not an ex Solstice employee, she is the CEO of Solstice Publishing.
Whether she's the President, CEO or the cleaning lady who comes in once a week to empty the bins, her only publishing experience is with Solstice Publishing.
showme:
How long would you expect it to take with an 8 page ebook?
It depends on the business model and what they're proposing to publish but usually I wouldn't expect any publisher to make a commitment to turn around on submissions because the number that you'll receive will soon make it difficult to fulfill - particularly if you're under-staffed. 3 to 6 months is usually a good turn around on a submission to a publisher's slush pile and that's regardless of whether you're submitting a short story, novel, novella or picture book.
showme:
How much can one "realistically" expect to charge for a tiny book, a few pages long, designed for children? And how much can an author "realistically" expect to earn on royalties from a sale like that?
A quick look on Amazon will answer your first question on eprices for children's books. Speaking in general terms, I generally see ebook prices starting off at about $3.99 with authors getting 40% on cover price or net (depending on their publisher).
As to your second question, it depends on who your publisher is and what they're doing to get the ebook out there. The point is that if you're going with a publisher that expects/relies on you to do a lot of the marketing and promotion yourself, then you will more than likely have to spend your own money up front and this is why so many authors find themselves out of pocket at the end of the day.
showme:
What kind of "marketing and promotion" do you have in mind for these little stories?
Well, there's a big children's market out there with established commercial publishers targeting respected print and electronic magazines that review children's books (e.g. Locus for the fantasy market), some tap into schools by offering free downloads to targeted areas. Savvy new publishers can tap into the conference circuit (obvious one would be SCBWI, although they're a clued up bunch), setting up stalls with electronic samples of their authors' work and where possible, getting authors in for signings. Hell, even the clueless but well meaning start-ups know about using social media such as Facebook and Twitter. FT&D seems to have nothing but a blog that you wouldn't look at unless you already knew about the publisher.
The big thing that helps of course is that established commercial publishers are also offering printed versions of the books, supported through in-store placement which is valuable in and of its own right. When you're shouting on the internet and seem to lack an internet marketing strategy, then how's anyone going to know about you?
showme:
There again you say "book" when, in fact, they are merely a few pages long. So what "contract terms" and "marketing and promotion" would you like to see?
I say "book" because FT&D say "book". Whether something is a picture book only 6 pages long or a novel of 300 pages, it's still a book so I'm not sure what you think you're proving by picking on semantics. We can call it Billy-Bob Jamboree if you prefer but it is still a one-off product being sold as a book (or "ebook" if you want to be precise) on the FT&D website.
Contract terms I'd like to see would include:
- a clause stating that the term runs from the date of signature of the contract, with an option to extend by mutual agreement in writing;
- a clause entitling the author to terminate in the event that they are offered a commercial, advance paying deal elsewhere by provision of notice in writing with no penalty or costs;
- a clause setting out precisely what rights FT&D is taking (preferably electronic rights only) and setting out the relevant territories it's taking it for;
- a clause setting out royalty calculations, the author's percentage of royalties and when royalties are paid (this would echo what's already on the FT&D website but set out whether royalties are paid on cover or net);
- a clause setting out applicable jurisdiction and DRP rights (e.g. is it only recourse to arbitration in a particular state/country or is there recourse to the courts in any country);
- a clause setting out the minimum marketing and promotion commitment that FT&D will provide - e.g. if there are certain reviewers etc they will provide copies to;
- a clause setting out how or if the author is entitled to free copies of their ebook and if so, for what purpose;
- a clause setting out if the author is entitled to discounted copies of their ebook and the implication for royalty calculations.
However, while there'd be a shopping list of clauses I'd expect to see in a contract, the key is knowing what conditions are actually being offered.
showme:
it seems to me that the site is just being constructed, which could account for some of the glitches.
Well that in itself is not a good sign. No company should be offering books for sale on a site that's still under construction. The point is that you get the site up and running and bug free first, so that customers see a professional looking site.
showme:
It would be interesting to know how many publishing houses have been started by writers, as opposed to those with no writing aspirations whatever, and how successful they were.
If you check out the Index at the top of this discussion board, you'll find the answer to this is dozens, the majority of which are now defunct - taking their authors with them.
By contrast (and speaking off the top of my head) I don't personally know of any successful publishing house started by a writer. This is generally because writers want to write, rather than publish.
Fairy Tales n Dreams:
Why don't you spend some time writing the next best book in the world instead of bashing what some people are trying to do.
How is raising legitimate questions or concerns about your company (and I'm presuming that you are generally here representing FT&G rather than some sad little troll who gets their jollies by posting hysterical comments) bashing it?
If you can answer the questions then I'm sure people here would appreciate it. As a general hint, storming in and claiming "bashing" usually results in your confirming people's suspicions rather than refuting them.
Fairy Tales n Dreams:
Do you even realize how many peoples feelings might get hurt by these RUDE comments.
Do you realise how completely stupid this makes you look?
FT&D is claiming to run a professional, commercial company. That means that it's going to have to deal with questions on the internet. If it can't cope with that, what hope has it got of dealing with an angry customer or an author with a genuine complaint?
Do you know how many publishing companies are started by clueless but well-intentioned amateurs who go under in the first year of business, taking author's manuscripts (and their dreams and hopes) with them?
Fairy Tales n Dreams:
Do something constructive with your time instead. If you have a question for me, my email is also listed!
No can do, I'm afraid.
If you know about this site and the questions being raised then either answer them or stay silent. Coming on here, storming about "OMG the internet meanies!!!111! and storming off again makes you look like a hysterical twunt and certainly not someone with the professional attitude that any self-respecting author should want to work with.
showme:
But do we know that these covers were illustrated by Fairy Tales and Dreams, or were they provided by the authors?
Does it matter? No publishing company should be allowing bad covers to go out on its product - regardless of whether it put them on there or the author. And to reiterate, covers are the publishers job in any event.
showme:
If the word gets around that publishers who post here are attacked like an enemy, then it could discourage many from participating. If this happens, it's the writers who will suffer.
This is a site for writers, not for publishers. Most publishers with threads here don't participate because their sales and record speak for themselves. On the rare ocassions when publishers do come here to answer questions, the ones who do so with an apprciation for author concerns and who respond to questions honestly and openly are generally the ones who can show a background of commercial publishing experience.
The publishers who come here spouting off about internet meanies or making threats or who evade answering questions are the ones who generally aren't in business within the following 12 months.
You've already posted here on the Damnation Books thread so neither the concerns being raised here or the tone being taken should be a surprise.
showme:
It's a two-way street though, isn't it? Shouldn't the writers who participate here also act in a professional manner?
I treat people with the same respect that they hold out to me.
Broadly though, no one makes people post here and these boards are tougher than most (with the possible exception of the politics forum) because we've all seen what happens when amateur publishers with no credibility crash and burn and the damage it does to the people who signed with them.
MM