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Publishing News and Updates

The $1 million Indian Advance Book Deal – Amish Tripathi

Shalini Umachandran. Shiva grants author Amish Tripathi $1 million boon. The Times of India. 3 March 2013
Amish Tripathi

In what is being touted as the biggest advance paid to an Indian author by a home-grown publishing house, Westland has given Amish Tripathi, author of the Shiva trilogy, Rs 5 crore — close to $1 million — as an advance for his next series.

With five lakh copies of his mythological fantasy ‘The Oath of the Vayuputras’ sold within a day of its release earlier this week, Amish has become the new “literary popstar” as Shekhar Kapur described him. Westland, which published the trilogy, is paying up the big fat advance even though the writer hasn’t decided what his next book will be about.

“We made the deal based on Amish’s sales record,” says Gautam Padmanabhan, CEO of Westland. “It’s a pre-emptive bid of Rs 5 crore for the book, audio and e-publishing rights to his next series for the south-Asian region. It’s the largest advance we’ve ever paid, and the largest Indian deal.” – Continue Reading…

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[image and content via The Times of India]

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