Cover Photo: This image shows a tiny figurine of a person sitting on top of a pile of gold coins. They are reading a book with their legs crossed.
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Book Contracts: Let’s Talk Money

As part of our Money Week series, literary agent Kate McKean shares the first installment of her column on book contracts, this one addressing advances, payouts, and royalties.

Don’t Write AloneAgents & Books

how

what

Advance

in advanceearn outMostten years

Always

Payout

and acceptance

whole editing processacceptanceYep! It’s great! We’re ready to go!

Royalties

net

Subrights Splits

Miscellaneous Money Things

really

I really wanted this to be a list of things I to have in a contract in case I have to do this myself. with experience in book publishingyourAuthor’s Guildtheirlegally binding

Kate McKean is a literary agent and writer in Brooklyn, NY.