Quote:
Originally Posted by pwalker8
In general, not earning out is equal to losing money for the publisher. The term means that the author didn't sale enough books to earn the advance that the publisher paid him or her.
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That's certainly not my understanding and it seems to be counter-intuitive. Perhaps there is someone here with more knowledge of the industry who can comment.
See, for instance:
http://www.macgregorliterary.com/blo...e-doesnt-earn/