How much is a good vampire tale worth? If you’re Elizabeth Kostova, your answer might be $2 Million. That’s the advance she has received from Little, Brown and Company for her debut novel, “The Historian.”
Yes, her debut novel. Two million dollars for a debut novel.
The book, which hits stores on June 14th, spans five decades and follows characters on a life-or-death search for the truth about the legendary Vlad the Impaler and the Dracula myth he inspired, according to a report by CBS News.
The article also mentions that a more “typical” advance might be anywhere from $25,000 to $200,000. I’d take $25,000 with a big smile if someone wanted to buy my novel. I’m not greedy.
Kostova spent a decade researching the novel, which has already been translated into 28 languages. Sony Pictures has also purchased the movie rights.
We can only hope that it’s worth all the hype.