how the money works in publishing: the real skinny

This entry is part 3 of 3 in the series The Biz

Anna Louise at LiveJournal provides hard facts. The tag on this post is “demystifying publishing” and indeed, it is a very very detailed and for many probably very sobering account of how advances are calculated and where all the money goes.

My take on all this: I don wanna. I won’t even read my royalty statements. I call up my agent and ask for a three sentence summary/bottom line, and then I let all that go. In my case, too much exposure to Numbers results in a shut down in the writing process.

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