Jun. 2nd, 2011
Well, I just got my royalty statement for the first period in which Grand Central Arena and Threshold were released. The short summary is that GCA has earned out its advance in the first six months of release with a sell-through of about 81%, and Threshold is near earning out in hardcover, with a reasonable sell-through of about 61%. In addition, Boundary did a significant surge in sales, with (I'm guessing) another 3500 - 4000 copies sold.
. The way in which this all works, however, may be of interest to those who are writers, or who may be writers, and are watching the current industry trends. I am therefore going to speak in detail about Grand Central Arena. Other people have done similar breakdowns, but there may be salient points of interest based on the unique period we are currently going through -- the transition from mostly-paper to mostly-electronic markets.
( Details, details, details... )
What does this mean for me? Well, it looks like I'll have a good shot at doing a sequel, or more than one, for GCA, and maybe get to do some more in the Boundaryverse as well. Plus, this proves FINALLY that I, as an individual author, can sell enough books to make a publisher money. I'm no longer in the question-mark category.
I'm pretty happy, eh? :)