Ever wondered what sort of payments authors get for signing up book deals? Well – one way to find out is to ask the author or publisher. Not that they will tell you the numbers, but you may get an indication as to how ‘nice’ the deal was.
According to Publishers Lunch Newsletter – the range of ‘niceness’ goes something like this:
“nice deal” – $1 – $49,000
“very nice deal” – $50,000 – $99,000
“good deal” – $100,000 – $250,000
“significant deal” – $251,000 – $499,000
“major deal” – $500,000 and up.
Publishing is a big industry, but if you really want to keep up with what’s going down in the publishing industry – sign up for PublishersLunchDaily.com newsletter. It’s a good read.
[No affiliation to Electrosmart]
