New authors–and sometimes experienced ones–may be uncertain about which parts of the publishing process the author “normally” pays for. What the author pays for differs, depending on the publishing path the author chooses. Know the standards for your choice. Traditional Publishing: the Author pays the Publisher nothing. Under the traditional publishing model, the publisher pays all costs of publication, and the author pays nothing out-of-pocket. The best contracts contain “gross royalty” provisions, where the author’s royalties are based on the publisher’s gross receipts on sales. In a gross royalty scenario, the author receives a percentage of whatever the publisher receives on sales of the
Read more