How Not to Become a Banker: As an Author, Protect Your Revenue
A publishing agreement may call for royalties to be paid monthly, quarterly, semiannually, or annually. The longer royalties accrue unpaid in an author’s account, the more that author steps into the shoes of the publisher’s banker. While royalties accrue unpaid, the publisher is earning interest; the author is earning bupkis. An author’s job is to […]