I don't know if you guys ever follow any of the book deals being announced in the industry magazines, notably Publishers Weekly and Publishers Marketplace, but the deals are always mentioned in elusive, almost secretive language. Even agents themselves use the terminology on their websites. I suppose revealing exact dollar amounts is akin to disclosing one's salary. Anyway, having done a little research, I came across a breakdown of the cryptic language. Of course none of us even thinks about the money. Simply putting the words to paper and sharing with a wider audience is reward enough. Right? Right? Still, I thought you might be interested in knowing what it all means.
[FONT="]Nice Deal" means under $50K; "Very Nice Deal" means $50K to $100K; "Good Deal" means $100K to $250K; "Significant Deal" means $250K to $500K; and last but by definition not least "Major Deal" means $500K and up.
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[FONT="]Nice Deal" means under $50K; "Very Nice Deal" means $50K to $100K; "Good Deal" means $100K to $250K; "Significant Deal" means $250K to $500K; and last but by definition not least "Major Deal" means $500K and up.
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