[thechat] Harry Potter

[deacon b.]

> Wouldn't expect that any of these are true:
> 1) She has say over the pricepoint
> 2) She gets paid more for for more expensive books
> 3) The book revenues (other than the advance) are a significant part
> of her income these days.

#2 and #3 are surely true, and #1 *may* be true.

When a book is a flop, and the author doesn't earn 
enough in the way of royalties to pay back the 
advance, #2 would be true, but authors of 
successful books get a percentage of sales. Twice 
as many books, twice as high a cover price, it 
doesn't make any difference; it's twice the royalties 
either way 

She's probably getting 15% royalties. If they move 2 
million copies, that's $9 million in royalties. Is that 
*all* her income? Obviously not. But $9 is significant 
to ANYONE. 


 
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