2min chapter

Deep Dive with Ali Abdaal  cover image

The Highs And Lows Of Being A Viral Sensation - Max Fosh

Deep Dive with Ali Abdaal

CHAPTER

Is the Publishing Industry Dying?

If the book doesn't earn out in its advance, which the majority of books don't, then you don't have to pay anything. And so once your book has earned out its advance, at that point, you're making a pound every sale. So if you're James Clear and you've sold 12 million copies, now you're winning. If you're basically everyone else and you've sales like 98% of books don’t even sell more than 20 copies. I was just like, yeah, it's kind of dying. There's no need for that gatekeeper anymore. Back in the day where the only way to get your ideas out would be via television or via publishing

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