The Fight for the Future of Publishing | The Free Press
On September 19, 2022, Elle Griffin, a freelance writer in Salt Lake City, published the first installment of her new fantasy novel, Oblivion, on Substack, under the title We will create a more beautiful world.
Since then, Griffin, who has written for Esquire and Forbes, has picked up a few hundred paid subscribers. She s now earning more than $30,000 annually from her writing more than she s ever made.
By contrast, if she d gone the traditional route and landed an agent and a major publisher, Griffin said, the best she could have hoped for would have been a $10,000 advance, and she would have been lucky to sell 1,000 copies meaning no extra money.
Plus, serializing the novel on her newsletter means she can include her 11,000-plus subscribers in the creative process.
They can comment on each chapter, Griffin told me. I m crowdsourcing my wisdom from them.
via www.thefp.com
And a good thing too.