Track Changes: Advances (Part 1)

Let’s talk about money: how do authors get paid, how much do authors get paid, and what do they need to keep in mind when the checks roll in?

We catch up with Jennifer de Leon as she prepares for the release of her debut young adult novel, Don’t Ask Me Where I’m From, on August 4. (Hear her First Draft interview here.)

Courtney Maum, author of Before and After the Book Deal: A Writer’s Guide to Finishing, Publishing, Promoting, and Surviving Your First Book lays out the basics of book advances.

Holly Root, founder of Root Literary and Seth Fishman, literary agent with The Gernert Company give a helpful overview of how much authors are paid across a variety of age categories and genres. And Sarah Burnes, literary agent with The Gernert Company, walks through what earning out means.

Then, we get into #PublishingPaidMe with Tochi Onyebuchi, who, along with L.L. MicKinney, started the viral publishing industry pay transparency movement.