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Old 12-10-2014, 08:40 AM   #20
gweeks
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Quote:
Originally Posted by pwalker8 View Post
Well, kind of obviously, they aren't going to give an author an advance that they don't think will earn out, anything below that figure is simply a matter of negotiations. That's why authors hire agents.
Publishers give advances that they KNOW will never earn out all of the time. That's how big name authors get effective royalty rates higher than everyone else. The publisher gives them an advance at twice what they KNOW it will earn at the royalty rate to effectively double the royalty rate while telling the poor no-name author that he's getting the same royalty rate.

Greg
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