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I'm self published on Amazon and can speak to that, but I see that this is actually published by a publisher (Metropolitan Books) In that case, from what I hav

by grecy 7y ago

I'm self published on Amazon and can speak to that, but I see that this is actually published by a publisher (Metropolitan Books) In that case, from what I have learned from speaking to a few NYT Best selling authors, he's getting peanuts per sale, though it's very likely he got an advance in the range of $50k. He won't actually get a cent from sales until his share goes above whatever his advance was.

tgsovlerkhgsel 7y ago
> an advance in the range of $50k That... would not be very much for a book that can be expected to generate hundreds of thousands of sales.
- grecy 7y ago
  I agree. One of the NYT best selling authors I spoke to over beers told me at most he can hope to get in the range of $200k in his lifetime for his book that was top of the charts for a significant amount of time, and continues to be very, very famous in it's niche. i.e. Writing for a publisher sucks.
- dredmorbius 7y ago
  An "advance" is just that: payment advanced against projected sales, and hence, per-volume royalties. The publisher generally calculates the advance based on projected sales, and that's often all the money an author will see, though if an advance is "earned out" (sales exceed the projection), the author can earn additional royalty payments based on a percentage of the per-volume sales price. The usually cited figure is 10%, though this may vary. TL;DR: Snowden is guaranteed the advance, but may earn more. https://www.thebalancecareers.com/book-advances-and-royalties-2799832 https://www.thebalancecareers.com/book-advances-and-royaltie...