In a book contract, the royalties section comes right after the advance section. They go hand in hand. The advance is the money you get in advance of the book being published. Royalties are monies you get after the book is published. The advance is paid “against your earnings,” meaning you don’t start getting royalty payments until — Read More
Tag: book deal
Publishing Journey: The Advance (aka Keeping My Day Job)
Before I got a book deal, the word “advance” was so magical to me. And mysterious, too. What, exactly, is it? And, more importantly, when do I get rich? Ok, so what is it? Well, put simply, it’s a signing bonus. For first-time fiction writers, it’s paid when a publisher reads the full manuscript and wants to — Read More
Publishing Journey: The Contract (aka Why Writers Need Agents)
When my agent told me we made a deal with St. Martin’s Press, I thought the contract would be signed the next day and I’d be on my way. Um, no. Turns out the wheels turn kind of slowly. I got my book deal in early November and I just signed the contract this month. — Read More
Big news: I got a book deal!
It’s an almost-Christmas miracle, everyone! Actually, I’ve had the news for a while, but I was expecting someone important (my agent, my editor, my publishing house, God) to say, “JUST KIDDING, SUCKER!” That has not happened, yet, so I’m pretty sure this is real. How it all happened is both a short and long story. — Read More