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lauraanne_gilmanPublishers' Lunch has changed their deal reporting guidelines, as follows:
"nice deal" $1 - $49,000
"very nice deal" $50,000 - $99,000
"good deal" $100,000 - $250,000
"significant deal" $251,000 - $499,000
"major deal" $500,000 and up
I've never been quite sure if this was supposed to be per book, or per deal... I suspect people adjust the wording as they will, to make the most impressive announcement. It is, after all, all about the P.R.
Personally, I think anything above $30,000 per book should be considered a Very Nice Deal. And anything above $500,000 a F*cking Miracle. But then, I work in genre and so my standards may be a bit more pragmatic than my lit'ry counterpart's.
"nice deal" $1 - $49,000
"very nice deal" $50,000 - $99,000
"good deal" $100,000 - $250,000
"significant deal" $251,000 - $499,000
"major deal" $500,000 and up
I've never been quite sure if this was supposed to be per book, or per deal... I suspect people adjust the wording as they will, to make the most impressive announcement. It is, after all, all about the P.R.
Personally, I think anything above $30,000 per book should be considered a Very Nice Deal. And anything above $500,000 a F*cking Miracle. But then, I work in genre and so my standards may be a bit more pragmatic than my lit'ry counterpart's.
