Hello, I am a fledgling author and I'd be grateful for any feedback on Pegasus as a publisher. They turned down my first book but have offered to publish my second book. They want a contribution from me of £2300. For this they offer royalties of 25% on book sales 50% on e book sales.
If anyone has experience good or bad I'd like to hear from you. Many thanks Suzanne
Thanks everyone....Pegasus are offering 25% of book sales and 50% of e-book sales for me stumping up £2000.....If the book sells for an average of £6 between the 2 formats it would have to sell 1500 copies to start making any return.
Their offer letter is so enticing and hooks you in, praising my work, saying it has an excellent chance of selling etc etc...then I read the contract!
I'm self publishing my first book through createspace so may do the same with my second.
I have heard any people talk about create space would you recommend that as i conduct reviews abs there is always negativity about the companies I have approached etc and the same for create space!
In reply to by suzanne._51823
I have heard any people talk about create space would you recommend that as i conduct reviews abs there is always negativity about the companies I have approached etc and the same for create space!
In reply to by suzanne._51823
"If you pay to get published then it is vanity publishing"
This is a statement that always bothers me. When I look into self publishing on this site you can fill in a questionnaire that provides the details of a number of sites which will help you self-publish. I have contacted a couple of the sites recommended, both of which wanted me to pay over a £1200 towards the work that they do.
What IS the difference between Matador, or Troubador, and Pegasus?
If you pay to get published then it is vanity publishing and you will be standing all the risk while they get the lion's shares of the sales income. If you are going to pay for publishing, do some research on self publishing where at least you own the books you have paid for.