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Advances and Royalties, Part 2 November 18, 2009

Posted by Ronica Stromberg in Uncategorized.
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Earlier this year, I blogged about advances and royalties. In part, I mentioned that a New York Times bestselling author, Lynn Viehl, had posted her royalty statement online at http://www.genreality.net/the-reality-of-a-times-bestseller. Lynn has received another royalty statement for that bestselling book and posted it online at http://www.genreality.net/more-on-the-reality-of-a-times-bestseller. The way I understand it, her profits from the book now stand at just under $25,000 after subtracting expenses, taxes, and agent commissions. She said she posted these royalty statements to dispel myths in publishing. Consider the myths dispelled.

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