Quote:
Originally Posted by MaggieScratch
I'm making an assumption that he means most deals (advance + royalties) are based on the amount of books the publisher thinks will sell, and really they're only talking about hardcover. If paperback rights are included in the deal--which is almost always the case at this point in time--the advance is usually increased to accommodate that part of the deal. Because until recently ebooks have generated such a small amount of revenue, they weren't really included in the equation, and I think he is saying that if they were, presumably the advance should be larger, because the potential for making some real coin is there now.
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MaggieScratch you are rapidly becoming one of my favorite posters. The above was my interpretation as well, but you said it far better and clearer than I ever could have.