How much money can authors expect after their book is published? How much do traditional authors expect to earn from their books?
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Authors can expect several types of payments after their book is published: Advance: An upfront payment from the publisher, often paid in installments, before the book starts earning royalties. Royalties: A percentage of the sales revenue from each copy sold, typically ranging from 5% to 15% of theRead more
Authors can expect several types of payments after their book is published:
- Advance: An upfront payment from the publisher, often paid in installments, before the book starts earning royalties.
- Royalties: A percentage of the sales revenue from each copy sold, typically ranging from 5% to 15% of the book’s retail price.
- Subsidiary Rights Income: Earnings from the sale of rights for adaptations, translations, audiobooks, and other formats.
- Performance Bonuses: Additional payments based on sales milestones, such as hitting bestseller lists.
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