Negotiating Author Payments in the Digital Age
Author contracts no longer conform to a standard as alternative forms of publishing create new models of compensation.
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Author Advances
Unlike larger publishers, who may compete with other companies for the right to publish certain works, Colvin rarely finds a need to pay advances to authors.
“We work with a lot of first-time authors who typically are not asking for advances,” he says. “In the cases where they do ask, we offer nominal advances. We will offer [authors] very good discounts on [purchasing] their books, and, if there’s a book we’re [especially] interested in, we may increase the size of the royalty considerably. We have done that a few times.”
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James Sturdivant
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