Re: Fees for extraordinary expenses
Alan Munro <[email protected]>
| Newsgroups | gmane.culture.literature.ebook-community |
|---|---|
| Message-ID | <[email protected]> |
I think you misunderstand the conventions of the publisher's advance.
Although what you describe can occur these days, conventionally, when
a publisher accepts a MSS and offers to publish a work the author is
given a negotiated advance on anticipated royalties. He/she receives
that money not to write the book (that's already done) but because of
the delays between the acceptance of the work and actual publication.
While that can be quite quick these days it used to be at least a
year, and longer before the publisher actually received any money
from sales of the published book, and therefore the author received
royalties.
The advance is meant to tide the author over until sales begin to
bring in royalties, and to encourage him/her to write further books
that might make money if the first work proves successful. It's no
different to a commission salesperson being given a retainer against
future sales/commissions.
On 22/03/2008, at 3:11 PM, Jon Jermey wrote:
> It seems to me that this is only an issue because publishers are
> prepared to pay in advance for work that the author has not yet done,
> But why is this so? Nearly every other commercial arrangement that I
> know of doesn't deliver payment until the goods are received in a
> satisfactory condition.
>
> If an author won't write a book without receiving an advance, it
> presumably means that they have reasonable doubts about the
> publisher's
> probity and/or the book's commercial potential -- in which case the
> book
> probably shouldn't be written anyway.
>
> Everything I learn about fiction publishing makes it look less and
> less
> like a serious business and more and more like buying lottery tickets.
>
>
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