My favorite part, of course, is where she breaks down the publishing code for reporting advances. I knew that when someone says they got a "major deal," it means $500k and up, and that those writers were the ones to hate (or, um, be happy for!). But I am happy to now have this more specific rubric for judging the successes of people I read about on the internet:
Alert, alert! Jane Friedman and Manjula Martin, of beloved Who Pays Writers fame, have launched a magazine! It is called Scratch, as in money, and also as in writing, and it will be have interviews, reportage, and personal stories about the economics of being a writer. A free preview of their first issue is online now, and it's definitely worth checking out. My favorite part so far is their Transparency Index, which details not only how much everything that went into the magazine costs (hosting, design, contributor pay, et al), but all of the personal relationships that led to the different pieces in the magazine.
The latest post inScratch's Anatomy of a Decision series on their blog is by Alexis Clements, who writes about her decision let someone adapt her play internationally. She walks us through the initial offer, her second thoughts, the decision, and her feelings about it. It is AWESOME.
Banking at night from the seat of a raggedy mountain bike, as a 16-year-old living on my own, I taught myself how to game the system. I leaned over my handlebars in the green light of the ATM screen, fed an empty envelope into the hole in the wall, pressed “cash back,” and waited. Every time, to my surprise, the machine ate the empty envelope and regurgitated a $20 bill back at me. With it, I’d buy a large bag of frozen bean-and-cheese burritos. The bank would call later; I’d apologize, say I forgot to put the check in the envelope. The hustle worked only if I did it every now and then, when I needed it, no more than once a month. I never thought to punch in a number higher than 20.