Dear Miss Snark,
Supposed that the Gods smile upon me and my agent and my book sells well.
Given that, who pays my agent? Do I receive the check form the publisher and then write a check or does the publisher write two checks?
The publisher pays me and I pay you, less 15% for my work.
If you fire me, the publisher still pays me and I pay you, less 15%
If you have a new agent, the new agent sells new work, gets a check from the publisher and pays you. I still pay you for the book I sold.
3 comments:
You know, I don't think I've ever realized before that once a book is sold via an agent, that book earns both that agent and the author royalties from now until it stops selling. It's a lifelong contract. What happens after the author or the agent dies? Heaven forbid, of course.
Neil Gamain has a link on his web page concerning ESTATE PLANNING! Go read it.
I like that. I mean, I always knew that an agent would handle submission and at a basic level vetting ideas as to their potential. But handling a measure of accounting too is just dreamy. One less thing for me to have to worry about.
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