Cycle Chic said:
I don't think theres any doubting where Walsh's loyalties lie - MAKING MONEY.
Now in the States doing talks about Armstrong ... GOD ! how much more can he squeeze this one for. Greed and narcissism spring to mind - ironic as this was Armstrong.
I've spoken about LA in many places. This evening I'm at Arizona State University which is particularly satisfying.
The story is worthy of the public speaking tour. I think it’s very normal for this to occur. Everyone has to make a living. It’s very normal for authors to do book tours at the request of their publishers. They have to pay back to the advance so this type of marketing and publicly is very necessary.
Writing books is not a profitable endeavor. I good friend of mine had a 100k advance for a science book on food. The book took 18 months to write and bring to print. The 100k was for his salary and any book related expenses. As it was a science book he spent a lot of obtain access to research papers and travel. The rest was taxed as income. So at the end of the day he worked on about 50k for 18 months.
When the book was released he had to first of all pay back the advance before he saw any profit. It took another 6 months to clear that down.
He ended up having to do a second book that was dumbed down from the first one to reach a big market. It was only extracts so the publisher did most of the work at their work but he saw no income from that until expenses were paid back for the production of the book.
SDS was fairly much this effort. A cash in on the remaining books.
Walsh clearly is now making good money. SDS, the film deal etc.
My only concern the ACTUAL players in the story are not profiting like Walsh. By that I mean Hamilton etc. That’s the part that’s not really fair.