Wulf Ratbane said:
I disagree. Published authors are likely to prefer royalties, not an outright sale of their entire work. I think this one will lean very heavily to first-timers.
Wulf
I've no interest in quibbling over the number of probable entries or whatever.
The above point, however, I think should be addressed.
I know quite a few writers, published and not, that would willingly sacrifice most or ALL of their novel's proceeds in order to get the novel published by a major publishing house, much less one that's just starting up and could lead to more publishing contracts in the future.
The difficult task is getting a novel published in the first place. Once you have done that, doors begin to crack open, a little.
Making little or no money on a novel that will be (I presume) widely distributed and will have good support from the publishing house (being their first effort) is worth a lot more than simple cashola.
A similar question could be asked of many writers, as follows:
"Would you like $50,000 cash, right now, or have your novel published and distributed to every major bookstore in America but make almost no money on it?"
The answer will be "get my novel published" by almost all unpublished novelists, and I'd say most published novelists as well (who didn't have the benefit of good distribution and/or ad support for their published works).
The only exceptions would be authors who already have had a solid commercial sucess and can agitate for better conditions. Everyone else just wants a chance to play the game.
Yeah, it's unfair, and heavily weighted towards the publishers. That's what happens in a saturated market (thousands of novels out there, only room for a small handful to be published).
I seriously can't imagine an author saying "Heck no, if I win this contest and have my novel splashily advertised by a well-funded publishing imprint with an excellent distribution network and a big fan base, I won't make enough money in royalties. Pshaw! I'm outta here."