What happens if you don't make back your advance?

Discussion in 'Marketing' started by Drmoses, Jan 5, 2015.

  1. A.M.P.

    A.M.P. People Buy My Books for the Bio Photo Contributor

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    Honestly, if I was getting high 5 figure to low 6, I wouldn't care about royalties too much :p
     
  2. Selbbin

    Selbbin The Moderating Cat Staff Contributor Contest Winner 2023

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    Unless the figures were $5.82 or $6.31
     
  3. A.M.P.

    A.M.P. People Buy My Books for the Bio Photo Contributor

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    lol, then I'd be the worst business man ever.
     
  4. BayView

    BayView Huh. Interesting. Contributor

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    I think this makes sense, but I think it's also important to not equate "earning out the advance" with "profitable to the publisher". The advance is one of the expenses of publishing a book, for sure, but it's not based on the break-even point for the publisher. It's quite possible for a book to not earn out its advance and still make a profit for the publisher. They might not offer such a large advance the next time around because they don't need to, but that doesn't mean they're actually losing money.
     
    Last edited: Jan 7, 2015
  5. BayView

    BayView Huh. Interesting. Contributor

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    Depends how long it takes you to write a book. At one book a year, 15% going to the agent, and probably some author expenses, it's not that much money. I mean, I wouldn't complain, but I'd still definitely care about my royalties! And still probably keep my day job...
     
  6. A.M.P.

    A.M.P. People Buy My Books for the Bio Photo Contributor

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    Well, I make little money as it is.
    Anything about 25 grand would allow me to live better than I do now :p
    I'd just take a year off to write and take it easy and see whether I can crank out another book.
     
  7. Selbbin

    Selbbin The Moderating Cat Staff Contributor Contest Winner 2023

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    Hmm, reminds me of this extract:

    “The press is a gang of cruel ******s. Journalism is not a profession or a trade. It is a cheap catch-all for f***offs and misfits--a false doorway to the backside of life, a filthy piss-ridden little hole nailed off by the building inspector, but just deep enough for a wino to curl up from the sidewalk and masturbate like a chimp in a zoo-cage.”
    Hunter S. Thompson, Fear and Loathing in Las Vegas
     

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