Quote:
Originally Posted by Barcey
Because it's the standard sob story that the publishers tell their authors. It's interesting that they don't talk about the percentage of books that lose money but always talk about the percentage that don't earn out the advance. They are very different things.
|
Finally! I wanted to point this out, but figured I would be talking in the wind. They are completely different beasts. Ofttimes a publisher does earn money on books that don't earn out their advance. If this were not the case, the publishers wouldn't continue paying out the advances the way they do.