In addition to the specific terms the author and publisher have agreed upon for things like the type of book, the advance
against royalty amount and the delivery date, the standard book contract encompasses a lengthy number of clauses covering important points in a book's life cycle and an author's livelihood.
Not exact matches
pay to CONTRIBUTOR an advance
against future
royalties in the
amount of $ 1.00 (one U.S. dollar) and other valuable consideration upon acceptance;
If we pay you a
Royalty on a sale and later issue a refund, return, or credit for such sale, we may offset the
amount of the
Royalty previously paid for the sale
against future
Royalties, or require you to remit that
amount to us.
In 2012 over 1,000 authors filed a class action lawsuit
against Harlequin, alleging that they did not pay the authors the full
amount of the agreed upon
royalty for digital titles.
The
amount of the advance
against royalties is based on many factors: the size of the publisher, the historical performance of similar books in the marketplace; the author's track record and author platform or both; and the topicality of the book.
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.