Author Barry Eisler Announces His Deal with Amazon’s Thomas & Mercer Imprint

He gave St. Martin’s Press the two fingers when he claimed the publisher offered him a two-book $500,000 deal earlier this year, and instead chose to publish his last book through Amazon’s Kindle. During an interview with Idea Logical’s Mike Shatzkin at today’s Publishers Launch Conference (part of Book Expo America), bestselling suspense author Barry Eisler revealed he had just inked a deal with Amazon’s new thriller imprint, Thomas & Mercer for his latest John Rain novel.
Eisler went on to explain that his next book would be released initially in ebook format with a print edition to follow and his advance was’ comparable’ to traditional deals offered to him for his book and his royalties would be 70% (net or retail wasn’t specified). Significantly, Eisler suggested that he now viewed the release of print editions as a way of maximising digital sales even if the royalty rate on the print edition was quite low.
He concluded by highlighting his own utter disdain at the length of time it took publishing houses to publish a title from the time of submission.
We may only be witnessing the tip of the iceberg here for bestselling authors, but if Eisler’s deal with Amazon is the shape of things to come, then it may be time to stop talking about publishers’ model of business, and rather time to start to focusing on the emerging model of publishing and strategy for authors.
This news story is about to get a considerable amount of inches in the media in the coming hours and days, and perhaps for a great deal of time to come.
About Barry Eisler
Barry Eisler spent three years in a covert position with the CIA’s Directorate of Operations, then worked as a technology lawyer and startup executive in Silicon Valley and Japan, earning his black belt at the Kodokan International Judo Center along the way. Eisler’s bestselling thrillers have won the Barry Award and the Gumshoe Award for Best Thriller of the Year, have been included in numerous “Best Of” lists, and have been translated into nearly twenty languages. Eisler lives in the San Francisco Bay Area and, when he’s not writing novels, blogs about torture, civil liberties, and the rule of law.

          

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