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Originally Posted by avantman42
I'm a bit confused by this. Why are ebooks "royalty-poor"? I thought ebooks generally commanded higher royalties, whether traditionally published or self-published.
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Well, he's really complaining about the lack of a huge advance.
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the cash advances he once received from publishers slashed so deep he is virtually working for free.
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Theoretically, it's simply getting your royalties upfront, but unless the book is a huge hit, the author comes out well ahead. Because in books, authors generally don't have to repay the advance if they got overpaid.
So basically, he's really complaining that being a literary guy with lots of contacts in the book industry and being a darling of reviewers, he now actually has to sell books, not just be an "artist".