Wyrm Publishing
Active Member
The reputation of the publication and the people involved with it is fairly important. As has been pointed out, if you are looking to get into the SFWA, they have some pretty rigid guidelines for the magazines they'll consider acceptable for membership. The magazine has to qualify before you can.
That said, I know several respected zines that don't qualify. Electric Velocipede and Lady Churchill's Rosebud Wristlet are two that jump to mind. They are run by respected professionals and have proven themselves with years of experience and many printed issues. Very good stuff and they are respected by professional writers.
I publish Clarkesworld Magazine. It's an online magazine that publishes two stories each month. My background is in bookselling and technology. I have two editors. One is writer and the other a publisher. They bring a lot of experience to the publication and it is their strengths that have made it work. A good editor makes a world of difference. We also pay 10 cents a word, which is above average and helps put us higher on some peoples lists of places to submit to first. That said, one of the slots each month is solicited and the other is open submissions.
Our model is expensive. 8000 words of fiction per month for $800, plus other expenses. Our initial financial model was to draw traffic to my bookstore, donations, signed limited edition chapbooks of each issue, and an annual anthology. The bookstore closed, so now it's sending traffic to my publishing company. The first anthology comes out this October at the World Fantasy Convention.
Other higher paying online publications like Baen's Universe and Orson Scott Card's Intergalatic Medicine Show employ other financial models to pay their authors and artists. There is no set right way to do it. You do what you can for your staff and contributors and hope it works. Just be smart. Don't count on a single revenue stream or the generosity of others. Remember what happened with SciFiction. Great editor, award-winning stories, and the backing of the SciFi channel. When SciFi stopped paying, we lost one of best online magazines out there.
Good luck!
-Neil
That said, I know several respected zines that don't qualify. Electric Velocipede and Lady Churchill's Rosebud Wristlet are two that jump to mind. They are run by respected professionals and have proven themselves with years of experience and many printed issues. Very good stuff and they are respected by professional writers.
I publish Clarkesworld Magazine. It's an online magazine that publishes two stories each month. My background is in bookselling and technology. I have two editors. One is writer and the other a publisher. They bring a lot of experience to the publication and it is their strengths that have made it work. A good editor makes a world of difference. We also pay 10 cents a word, which is above average and helps put us higher on some peoples lists of places to submit to first. That said, one of the slots each month is solicited and the other is open submissions.
Our model is expensive. 8000 words of fiction per month for $800, plus other expenses. Our initial financial model was to draw traffic to my bookstore, donations, signed limited edition chapbooks of each issue, and an annual anthology. The bookstore closed, so now it's sending traffic to my publishing company. The first anthology comes out this October at the World Fantasy Convention.
Other higher paying online publications like Baen's Universe and Orson Scott Card's Intergalatic Medicine Show employ other financial models to pay their authors and artists. There is no set right way to do it. You do what you can for your staff and contributors and hope it works. Just be smart. Don't count on a single revenue stream or the generosity of others. Remember what happened with SciFiction. Great editor, award-winning stories, and the backing of the SciFi channel. When SciFi stopped paying, we lost one of best online magazines out there.
Good luck!
-Neil