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There are undoubtedly royalties being paid as some (unknown) percentage of sales. The advance is essentially a loan against earned royalties. Publishers spread
by billpollock 9y ago
There are undoubtedly royalties being paid as some (unknown) percentage of sales. The advance is essentially a loan against earned royalties. Publishers spread advances over numerous projects. The real money comes when a book sells well and the author earns royalties, unless that author is already a star and commands a very high advance like a former president, a sports star, movie star, and so on.