Posts Tagged: money

The Life of the Mind: A Conversation with Elizabeth Scanlon

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Elizabeth Scanlon discusses her debut full-length collection, Lonesome Gnosis, brains and trains, and poetry as prayer.

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(K)ink: Writing While Deviant: Kirsten Irving

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The pressure to prove ourselves can have a distorting effect, causing us to doubt our instincts in favor of following others we perceive to be experts or “genuine.”

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The Rumpus Interview with Terry McDonell

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Terry McDonell talks about his new memoir The Accidental Life and his career in the magazine business, which spans the beginning of New Journalism through the digital revolution.

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That Painful Money Subject

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Os&1s Reads’s The Art of Commerce talks with Merritt Tierce, author of Love Me Back, about the relationship between writers and money: Publishing is a machine that does what it does. You’re grateful, of course, to have the connection to it, because part of what it does is present your book to thousands and thousands of readers. That’s […]

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(Attractive) Debut Novelists Earn Millions

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Emma Cline received $2m advance for The Girls, due out in June, which puts her near the top of a growing list of first-time writers with advances in the millions. Last year, City on Fire earned Garth Risk Hallberg a $2m advance. The allure of debut novelists isn’t always an economic issue: Given the amount of […]

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More Money, (Not) More Problems

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In a powerful and anecdotal essay at The Toast, Nicole Chung discusses how money-related anxiety has stayed with her into adulthood, and how disparity between her and her husband’s attitudes toward money influences the dynamic of their marriage: It makes it sound as though my money-related anxiety is nothing more than an unfortunate personality quirk, […]

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Tech Companies Profit While Writers Starve

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Digital media companies are suddenly worried about declining ad revenue, and the venture capitalists funding these companies have also turned off the faucet of cash as they realize that success stories like BuzzFeed and Mashable are not the unicorns everyone thought they were. Instead, the big winners have been the technology companies like Google and […]

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More Money, More Problems

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What happens when writers suddenly face a windfall? Bad things. That’s why the Whiting Awards include a financial planning workshop for winners. Winners of the 2016 Whiting Awards each received $50,000. For authors who are struggling as freelancers or adjunct professors, that is a huge influx of cash. At the New York Times, Sarah Lyall catches up with […]

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Does Commercial Success Hurt Literature?

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Publishers are offering big paydays to debut authors—that’s the good news. The bad news is that the books earning big money aren’t particularly literary. Tom Leclair at The Daily Beast takes to task Cynthia D’Aprix Sweeney’s novel The Nest as too middlebrow to be considered great literature: I understand the economic strategy: a novelist with no […]

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Author Pay Conflict Heats Up in Britain

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The row between authors and the literary festivals that don’t pay escalated last week when Philip Pullman resigned from the Oxford Literary Festival. Pullman also serves as the president to the British Society of Authors, a group that has been lobbying to earn authors money for making appearances. The Oxford Literary Festival is a twenty-year-old […]

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Paying Authors to Appear

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The British Society of Authors has called on literary festival organizers to pay authors who make appearances at events. The organization is asking that any literary festivals that charge entrance fees pay authors a minimum fee. At present, few events pay, and those that offer an appearance fee typically pay as little as £150, or about […]

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The Saturday Rumpus Essay: Valuation Methods

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In some of my fantasies, I make a pitch for art or for truth, defend them like commodities.

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Unique Pageviews Don’t Pay Your Web Hosting Bill

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Wil Wheaton created quite a fuss last month with an essay about Huffington Post’s request to republish an essay from his blog sans payment. When we called attention to a Salon article discussing paid versus unpaid creative work, Gawker had a “got you” moment, pointing out that The Rumpus doesn’t pay its writers. Fair enough, although […]

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Amazon Monopoly Threatens Everything

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Amazon just turned twenty years old. Even though the company might be too young to celebrate with champagne, competitors have begun to levy charges that the online retailer is becoming a monopoly. While Amazon’s tentacles spread across many retail sectors, the store’s dominance in books represents a major monopolistic threat. Fortune takes a look at […]

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Literature’s Crowdfunded Future

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From small presses to literary journals, crowdfunding has grown into a major source of money for publishing. Authors are even turning to services like Kickstarter to fund their booktours, like Sarah Gerard, author of Binary Star. Her successful campaign raised more than $9,000 for her book tour. To date, Kickstarter has raised more than $70m […]

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