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Old 12-11-2014, 02:20 PM   #25
gweeks
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Quote:
Originally Posted by pwalker8 View Post
I would be a bit more impressed if it was a bit more specific that the nebulous "savviest agents for the biggest authors". So is he claiming that JK Rowlings didn't earn out? Given that publishers can legally recoup an advance that doesn't earn out (though they rarely do), I find it unlikely that an agent would put their client in such a legally shaky ground.
No, publishing contracts very rarely allow the publisher to recoup advances as long as they print the book. If the author doesn't turn in a manuscript they can recoup. If the advance doesn't earn out I've never heard of a contract that allows the publisher to recoup it. Music contracts yes.

Greg
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