|
|
|
|||

|
|
|
|
|
By Tina Traster
Published: October 12, 2008 - 5:59 am After three decades in public relations, Judy Katz wanted to write books - other people's. In 2003, she founded Katz Creative Inc., a ghostwriting business she runs from her spacious apartment on the Upper West Side, and New Voices Press, a vanity publisher that has produced 14 titles. Additionally, Ms. Katz, who was once PR director for Madison Square Garden, writes book proposals for $25,000 and does PR and marketing for finished books. She charges $100,000 for ghostwriting. The firm, with four full-time staffers and several freelancers, had revenues of $540,000 in 2007. HITS - PR prowess The savvy PR maven sent a press release to the Associated Press about her service before she had a single client. "I had a fabulous pitch: "Your life is a book; your life is a movie. Telling the story just got a lot easier.' " Ms. Katz recently set up a service, called "Ghostbooksters," on her Web site that enables prospective clients and ghostwriters to pair up on a book. When a deal is struck, Ms. Katz takes 10% to 50% of the contract's value, depending on whether she is involved in the project. MISSES - Clumsy handoff "I lost a client when I [brought in] a freelance ghostwriter three months after we'd begun the book," Ms. Katz says. "Now, If I'm going to use a freelancer, I bring him to the first meeting so there's no feeling of bait-and-switch." Another time, she told a client that a book would take three to four months to write. It was unfinished after eight months, and he walked. Part of the problem was that the client hadn't provided material required to wrap up the work, says Ms. Katz. Ever since, she has used a letter of agreement spelling out the responsibilities of both parties |