Sentences with phrase «advances against royalties earned»

Most trade publishers have traditionally paid their authors «advances against royalties earned.»

Not exact matches

As I understand it, these payments are usually applied against the advance, but since Libriomancer earned out pretty quickly, money for the book club, audio books, and UK deal just got bundled in to the royalties payment from DAW.

The publisher will pay you an advance against royalties, and once the advance is earned back, you will earn royalties on further sales.

Instead, like that allowance, it is money paid in advance against all future royalties, and it must therefore be covered by royalty revenue (i.e. earned out) before any new royalty earnings are paid.

And one of his first points is that the publisher takes a hit from the beginning, in effect, by paying an advance against royalties that may well not earn out.

Note: Authors receive an advance against royalties; as books sell, authors earn a percentage of sales for each copy sold (a royalty), which is applied against the advance they received.

The advantage to self - publishing is that you keep up to 70 % of your profit — which can be a lot of money if you're selling thousands of ebooks a month — as opposed to traditional publishing where you might earn an advance against 10 % of royalties.

Once the book is acquired, the author is often paid an advance against royalties to be earned once the book is published.

Well, royalties are charged against advances, and if the book doesn't «earn out» its advance (and most do not), then the author doesn't get another dime of royalty income.

* shrugs *) I much preferred — and still prefer — the promise of higher royalties weighed against an advance that my book (s) may never earn out.

They offered us money up front (confidentiality prohibits me from saying the amount)[RICK ADDS: But it certainly was NOT 5 or 6 figures], as an advance against the royalties the book was expected to earn.