A serious publisher pays writers an up -
front advance against royalties and then gambles they'll sell enough copies of a book to make a profit.
Not exact matches
In return, you may get an
advance — which means they give you up -
front money that is an
advance payment
against / toward future
royalties.
Manuel from Ogden, Utah No, on the contrary, publishing houses will often give you money up
front (it is known as an
advance payment
against royalties) for the rights to publish your work, and you will also be entitled to
royalties and other payments as negotiated in your publishing contract.
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.