Quote:
Originally Posted by HarryT
The majority of books don't pay more than their initial up-front royalty payment.
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The *vast* majority of traditionally-published books don't pay more than the upfront "advance". Viable alternatives now exist that bring meaningful income for far longer.
Quote:
Originally Posted by HarryT
By selling country-specific or regional rights to multiple publishers, the author receives multiple royalty payments, and hence makes more money.
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A better justification is that it brings in a local partner with better access to local retailers and marketing which should theoretically result in higher sales and thus more income.