Publishing Fact #23

Publishing Fact #23 An author who owns the rights to his or her book will only have to sell about 10,000 books to make $100,000 in profit through direct sale means. An author who has gone with a royalty publisher and has given up the rights to their book would have to sell about $2,000,000 worth of books to receive $100,000 in royalties and that's after they have paid off the cost of production. 99.9% of authors who have royalty contracts never even make a profit, but the bookstores and royalty publisher do great.



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