Most Books Don’t Earn Out
14:13–15:12 · 59s
Alexi lays out the hard economics: only about 20% of books make 80% of the money, meaning most advances never earn out and the advance is often the author’s only payment.
14:13–15:12 · 59s
Alexi lays out the hard economics: only about 20% of books make 80% of the money, meaning most advances never earn out and the advance is often the author’s only payment.
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