Money's Too Tight To Mention

So far we have talked about some of the challenges facing the publishing industry, not least those poised by the digital revolution.  This time I want to talk about money: royalty rates and advances. Royalty Rates. People often ask how much money a writer makes, per copy sold.  The short answer is, not much (and as you will see below, it’s the wrong question).  I think it would be useful to show how the money you hand over for your books is divvied up.

Money’s Too Tight To Mention

So far we have talked about some of the challenges facing the publishing industry, not least those poised by the digital revolution.  This time I want to talk about money: royalty rates and advances. Royalty Rates. People often ask how much money a writer makes, per copy sold.  The short answer is, not much (and as you will see below, it’s the wrong question).  I think it would be useful to show how the money you hand over for your books is divvied up.