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My understanding is that it's very rare for an advance clawback to take place even if sales come in under.
by anonyxyz 6y ago
My understanding is that it's very rare for an advance clawback to take place even if sales come in under.
- munificent 6y agoThat's correct. It's basically a loan that will be auto-forgiven. But publishers aren't dumb and they scale advance sizes to ensure they rarely lose any significant amount of money. For technical books, my impression is that advances are quite small or non-existent.