Re: consequences of shift to ebooks

Technically, an advance is not recoverable for non-performance... UNLESS it is written into 
the contract that it can be.  Once you accept that and sign on that line, you bought into 
that provision.  But I'd say such a provision is rare.

Normally, advances are given against royalties.  If I give you an advance of $5,000 and 
your book sales in the first year only produce what would have been $500 in royalties... 
then I made a bad decision about paying you such a big advance, because you earned 
significantly less for us both than I anticipated.  You didn't earn out your advance.  And, 
it's almost certain that you will get a MUCH smaller advance from me next time, if I sign 
you on again at all.


Tony

--- In [email protected], "auwg" <auwg@...> wrote:
>
> --- In [email protected], Mary E Tyler <dejahvu@> wrote:
> > > My friend got her advance in '04 and received chargebacks in '05.
> > > All that did was add to her tax paperwork. Hm. Twice over, come to
> > > think of it, since she lives in VA. State income tax, too.
> > 
> > I'm interested in knowing what publisher does chargebacks so I can  
> > avoid them. I have literally almost never heard of a publisher  
> > charging back money that was advanced if the book was delivered and  
> > put on sale. If they do that, it sure isn't the industry standard!
> 
> I called it a chargeback, which might not be the correct term, but
> it's essentially what happened.
> I'll be able to chat with her when she gets back from Ireland.
> Ed
>





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