Thread: Publishers continue to live in the past
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Old 10-10-2009, 07:41 AM   #50
Jellby
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Quote:
Originally Posted by Direct Ebooks View Post
For example, an author can sell 10,000 copies of a book through a publisher, receiving 9% of the retail sale of $12.99 = $11691 for the author, plus advance, if any (and many/most authors do not)
"Plus" advance? I thought the advance was precisely to be deduced from the possible author benefit (i.e. if the above author had received an advance of $5000, he would only get 11691-5000=$6691 from sales).
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