Join Jessica Brody for an in-depth discussion in this video Royalties, part of Sell Your Novel to a Major Publisher.
- [Narrator] One of the first big sections…you'll notice in your contract is a section about royalties.…This will include an extensive breakdown…of your royalty payment structure.…Remember that your advance has to be fully recouped…or earned out before you're paid any royalties.…Until then, all royalties that would have been owed to you…go to pay back your publisher for your advance.…In this section about royalties, you may see…numerous subsections, like hardcover editions,…paperback editions, mass market paperback editions,…and electronic editions, to name a few of the big ones.…
These are just different versions of your same book.…For instance, if your publisher originally publishes…your book in hardcover, they may choose to later…republish it in paperback, and perhaps even later…publish it in a mass market paperback,…which are the smaller, thicker books…you usually see sold in supermarkets and drugstores.…Electronic editions are eBooks.…The publisher may or may not publish all of these editions…of your books, but the contract lays out up front…
- Comparing traditional publishing and self-publishing
- Writing and revising your novel
- Finding an agent
- Perfecting your pitch
- Writing a query letter
- Researching agents
- Submitting to agents
- Reading your book contract
- Negotiating advances and royalties
- Understanding the publishing process
Skill Level Intermediate
1. Overview of the Publishing Process
Why I created this course2m 32s
2. Writing and Revising Your Novel
3. Introduction to Literary Agents
4. Creating and Perfecting Your Pitch
5. Writing Your Query Letter
6. Researching Agents
7. Submitting to Agents
8. Selling Your Novel
9. Navigating Your First Book Contract
10. The Publishing Process
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