Do Publishers Make Good Money?
Do publishers make good money? Self-published authors make up to 70% royalties from their books, while most traditionally published authors make 5-18% royalties after “”paying back”” their advances. From a major publisher, such an advance is typically $5,000-$10,000 for a first-time, unknown author, more if the author is well-known. Read more on blog.reedsy.com A sizable … Read more