Red_Room

Paging Book Lovers: Dedicated Authors Keep Libraries Afloat

For public libraries, it's the best of times and the worst of times: Usage is skyrocketing, but budgets are being slashed. What to do? A few thriller authors are stepping in -- and using their time and fame to help keep their favorite libraries afloat.

Bidding for Authors: When Books Sell at Auction

To those outside the publishing industry, the deals that get covered in the press might give the impression that book auctions are as rare as solar eclipses. In fact, they happen with remarkable regularity. But that doesn't mean they're any less nerve-wracking for authors.

Will You Be My (Financially Responsible) Valentine?

When Cupid slings his arrow, it can hit you right in the wallet. What's the economically challenged lovebird to do? Well, luckily, a sense of humor is still free. Here are some tips -- and some what-not-to-do's, including some of Ed Begley's ill-fated money-savers.

Foreign Rights: How Authors Tap a Rich Vein of Royalties

Many writers are discovering the wonders (and extensive rewards) of self-publishing, but there are still places where professional representation can be be well worth the trouble. The confusing but often lucrative world of international sales is an example.

Doing Book Research Without Breaking the Bank

Planning on a career as a writer? Getting started can be costly -- advances are often elusive -- so you'll often have to dig into your own pockets to cover the cost of doing research. But there is no need to break the bank. Here are eight tips for doing research on a budget.

How One Writer Is Riding the E-Book Revolution

A novelist realizes that a book she wrote 20 years ago -- now out of print -- can be revived today as an e-book. Here's the story of how she took that old print volume and turned it into an e-book, complete with new title, new cover -- and new royalties!

E-Piracy: The High Cost of Stolen Books

Lost book sales can't be quantified, making it impossible to calculate e-piracy's full economic impact. But the sheer number of illegal copies available for download gives an idea of the scope. It translates into a staggering amount of royalties being stolen from authors.

How E-Books Are Changing the Economics of Writing

As electronic media accounts for a larger and larger portion of the book business, consumers are benefiting from lower prices for books, and manufacturers are enjoying massive sales. But how is the e-book revolution affecting authors? It's opening new opportunities -- but no guarantees.

Listening to Literature: An Author Talks About Audiobooks

The quality of an audiobook truly hinges on its narrator. The best ones use their voice talents and training to deliver the feeling behind the author's intent. Here, a writer explains what goes into audiobooks -- and why they can boost an author's audience.

For This Writer, Gratitude Is the Best Possible Holiday Gift

Witnessing poverty first-hand in India made a bestselling author realize "that the version of poverty held by most Americans is an ideal for comfortable wealth in many Third World nations." Here, she explains how she puts that into action every day, especially during the holidays.

So, You Want to Publish Your Own Book?

With an ever-expanding array of online tools available, it's getting easier and easier to turn your ideas into books -- and money. The secret is to know your market before you begin to write, start selling before you've published and never, ever stop promoting your book.

Overspending: A Tale of Christmas Past

Overspending during the holidays can ruin your finances for months. Read how writer Zoe FitzGerald Carter learned to create more Christmas magic for her family by spending less.

The Art and Economics of Ghostwriting

In today's spooky economy, more writers are turning to ghostwriting to help make ends meet. But before picking up that pen, here are a few things you should know.

The (Unlikely) Economics of Your Book Becoming a Movie

Previously for DailyFinance, Catherine Ryan Hyde described how novelists (theoretically) profit from their books. Here, the author of Pay It Forward, which was adapted to film, explains what happens to authors when their books become movies. Hint: Money doesn't have a starring role.

The (Paltry) Economics of Being a Novelist

Veteran novelist Catherine Ryan Hyde (Pay It Forward and 15 other books) describes the monetary underpinnings of the novelist's business. Did you know that authors generally get just two royalty checks a year? That is, if there are any royalties at all.