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Old 02-06-2010, 12:51 AM   #26
DawnFalcon
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Quote:
Originally Posted by Kali Yuga View Post
Big advances are actually better in many ways for the author.
Complete myth. All that's doing is robbing peter to pay paul, you get less in the long run...and as I've said, I don't believe Publishers should be paying advances in the first place in many cases. Advances only work when there are significant - millions - of up-front costs, not small (tens of thousands) AND there is no venture capital in a market.

Given the very low risks involved for established authors, financing for very low rates is perfectly feasible.
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