Why authors are turning down lucrative deals in favour of Substack | Books | The Guardian - 0 views
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Lulu Cheng Meservey from Substack says the company calls this a “pro deal”, with advances on a sliding scale depending on a writer’s profile. She says: “We do have several authors in our sights who are currently traditionally published, and are proactively approaching writers we think would do well at Substack. Over the next couple of years you will see some very recognisable names.”
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On his blog, Tynion wrote: “DC had presented me with a three-year renewal of my exclusive contract, with the intent of me working on Batman for the bulk of that time … And then I received another contract. The best I’ve ever been given in a decade as a professional comic book writer. A grant from Substack to create a new slate of original comic book properties directly on their platform, that my co-creators and I would own completely, with Substack taking none of the intellectual property rights, or even the publishing rights.”
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The subscription newsletter platform Substack announced on Wednesday it had signed an exclusive deal with Salman Rushdie – but he is just the latest in a growing number of authors making the leap to write serialised fiction delivered straight to the inboxes of subscribers who pay a monthly fee