3 ms·
In theory, the advance is just an advance, and publishers could ask for the portion back that is not covered by royalties. However, they almost never do that. I
by CurtMonash 14y ago
In theory, the advance is just an advance, and publishers could ask for the portion back that is not covered by royalties. However, they almost never do that. It's one of the few ways in which publishers actually behave decently towards authors.
- ryguytilidie 14y agoSo you're saying we should expect this to change very soon?
- olefoo 14y agoWell, part of that is that authors are not as a rule gifted with assets, so it's a fruitless task to recover money from them. The other part is that it looks bad. And the third leg is that that is how commercially successful authors subsidize the unsuccessful.