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Showing posts from February 23, 2009

Publishers Don't Pay Authors

Book A Book B Author Marketing Hours 90 0 Publisher Marketing Hours 10 100 Marketing @ $50/Hour $500 $5000 I had an epiphany the other day and it has caused me to rethink a few things. Publishers don’t pay authors. When a publisher signs an author, the publisher cuts a check for the advance. This looks very much like the publisher paying the author. It is often structured such that the author doesn’t receive the full amount until the book reaches various phases. This makes it look even ...