: Re: How Much Can You Make From Writing a Book? Obviously this question has a lot of different answers. I'm interested in the typical total profit that a writer might expect to see from: A NYT
Traditional publishing pays the author about per hardback and $.50 on each paperback sale. Midlist authors usually get advances in the ,000 range for a first run hardback. With the goal to make back their advance on the first year of sales. And then to switch to a paperback that gives them royalties that decline every year thereafter.
If a book goes to another printing at a later date, you can ask for a refresher royalty.
Many publishers use basket accounting. Which says you make no money besides the advances until you have paid back all previous advances. So if book one does not earn back your advance, you will see no royalties beyond the advance on book two until it does.
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