Much joy in Mudville

[ksmith]

Editor is very very happy with the revised ENDGAME. The check, she will soon be cut.

Yea!

Comments

[thargoid5.livejournal.com]

Maybe this is too private a question, but is the size of said cheque dependent on then numbers sold? or do you get royalties and a set fee?

[janni.livejournal.com]

Yay!

[kristine-smith.livejournal.com]

Ok, the intricacies of pay-out.

It's more set fee and royalties. This book was part of a two-book contract. Upon signing, I was paid 1/3 of the entire contract amount. Then, after I turned in the outline for the book that became CONTACT IMMINENT, I received the second 1/3 of the contracted payout for that particular book. Then it progressed. When the final version of CI was turned in, I got the last third. When I turned in the ENDGAME outline, the second third for that book, and now this final third. If I earn out the advance for ENDGAME, I will receive royalties.

As for dependence upon numbers sold...well, what one gets for the current contract is in a way based on the previous sales figures, so they impact the contract that way. But sales for ENDGAME are future sales that can't really be guesstimated, so I get the advance, which I can hopefully earn out, so that I can receive royalties.

[kristine-smith.livejournal.com]

That's what I said!

[galeni.livejournal.com]

Congratulations!

[juliabk.livejournal.com]

Whoo-hooo! Kris is buying!

[alfreda89.livejournal.com]

Chocolate and sauternes on Kris!

http://www.narniaweb.com/forum/uploads/MissPole/7B9D6_congarats.gif

[kristine-smith.livejournal.com]

That would make a great icon if I could figure out how to do it...

[alfreda89.livejournal.com]

It would. I wonder if I could shrink it...