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Reply to "Reading Books is trending..and I'm all about it...how much money do authors make?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OK, I'kk bite. I'm trad published and get about a $50k advance for each book I write, plus royalties, of which I have yet to see. I also got money form having my work optioned and that varies greatly from $10-50k. [/quote] Do you ever have to return any of the advance if sales are less than expected?[/quote] No. My publishers are happy with my book sales. They did earn out. I was exaggerating about royalties, but really they are a joke. It took me more than a year to earn out my first book and then it's about 50 cents per paperback after that. But the next poster is correct that if you get a $200k advance and don't earn out you can be screwed because no one wants to give you a new contract, and if they do, it's like for 20K and you get no publicity and a small printing and of course it's not a hit -- they call this the death spiral.[/quote]
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