Best Selling Author Turns Down Half A Million Dollar Publishing Contract To Self-Publish

Joe Konrath, who we’ve written about numerous times, and Barry Eisler (who we haven’t…), contacted me late last week to pass on the fascinating news that Eisler, who has been a NY Times Best Selling author of a variety of thrillers, has turned down a $500,000 publishing deal from a mainstream publisher, in order to self-publish his next book. That’s a lot of money to give up. The link is to a (long, but fascinating) dialog between Konrath and Eisler, discussing the thinking behind passing up that kind of money to go the self-publishing route. The key takeaway: the $500,000 comes with strings (as does any publishing deal), and in this case, Eisler feels he’s likely to be better off on his own — via redwolf.newsvine.com