answers1:Hey there! Someone in my twitter feed posted this question so
I came to check it out. I'm definitely loving the information. I am
book-marking and will be tweeting it to my followers!
answers2:It depends on the market,but,when a book is thought to have
great potential,the sky's the limit,especially in popular fiction.If
a book lands on the best seller list,that money is split w/2thirds
going t he author
answers3:well id say a huge chunk goes to the editor to begin
with...check yur question..i know u meant "they" but still..haha
funny.
answers4:In the romance genre, an author can make between $1000 - 5
million....yes, it varies that much. Once you pay back the advance
you start to receive royalties. A lot of authors never see
royalties.The going rate for agents is 15%So basically, it's
impossible to answer with any kind of certainty....Show more
answers5:Those are things you work out before you sign any contracts.
Profits depend on book sales.
answers6:That varies a lot depending on how famous the author is. I
have heard that agents usually make 10% of what the author makes.
answers7:I am sure it depends on the publisher and the contracts that
you agree upon.
answers8:Technically speaking, authors are only payed a percentage of
the profits of the book when it's sold. This is why the money an
author receives prior to publication is called an "advance." It is a
flat amount that the publishing house gives to the author no matter
how well or how poorly the book sells. (It's usually in
installments--a bit on signing the contract, on turning in a draft
that is accepted by the editors as ready to go into the copy editing
process, and a chunk on publication.)An author-publisher contract will
outline what percentage of the book price belongs to the author. For
authors just starting out the percentage begins around 10% of each
book sold, but can begin at up to 25% or more for more bankable proven
authors. I say "begins" because this percentage is often on a sliding
scale. The percentage of the book price an author receives usually
increases with the numbers of books sold.For example, an author may
receive 7% of the sales from 1 to 10,000 books, 15% from 10,000 to
30,000 books sold, and 25% on books sold from 30,000 copies and
beyond. So, an advance is really just a bit of the projected profits
that the publishing house is willing to pay upfront, a bit that they
cannot take back no matter how few books are sold. That said, future
payments or "royalties" are only payed to the author when the
publishing house has recovered that advance. They calculate the
author's percentage of every book sold and apply that bit to the
amount they've already paid out.For first time authors, the publishing
house will often make the first print run of the book a "break even
print" this means that if all the books printed sell, the author's
advance will be recovered by the publishing house, but royalties for
the author above that amount will be impossible unless the book goes
into another print run.To make this a little less confusing, I'll
outline the math with an example...- The author gets word from her
agent that the publishing house wants to give her a $33,000 advance!
(Woo hoo!)- She signs an author-publisher contract with the following
parameters:7% on books 1-10,00015% on books 10,000-30,00025% on books
30,000 and beyond- The publishing house pays the author $15,000 of her
advance on signing the contract.- The publishing house pays her
$10,000 of her advance when she hands in a manuscript that the editors
are happy with.- The publishing house decides to print 20,000 copies
of a book that will cost $15.00.- The publishing house pays her $8,000
when the book hits bookstores.- The book "sells through," meaning it
sells out of all printed copies. But the publishing house decides not
to print any more.- The book has sold 20,000 copies. The author's
percentage would be $10,500 for the first 10,000 books, and $22,500 on
the second 10,000 books. That means that the publishing house has
recouped their $33,000 advance to the author, and banked $267,000
(less production costs).Now, a word on agents. Our intrepid author
would never have made contact with the publishing house if it hadn't
been for her agent. Her agent receives 15% of everything the author
receives (some more established authors negotiate an agent percentage
closer to 5 to 7%). In fact, the publishing house sends the money to
the agent. The agent takes his percentage and then sends a check to
the author.Meaning, when all is said and done the author actually
receives $28,050 before taxes.I know all this because I am a published
author, with several agents, publishers--and books sold. Hope it
helps!...Show more
answers9:It mostly depends on how the book turns out to be. I'm sure
the author will get a great fair share.
answers10:Extremely interesting question, hopefully we will get some
good opinions
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