What did u say? Risk sharing !!! Authors get only 6% or lower Royalty and that’s it. Which angle it is sharing. It’s a gimmick of money making publishing industry
seems like another (primary?) reason is incentives. To hedge against the author writing to only appeal to the publisher’s taste, the author has additional incentive to write a book that actually sells. Royalties also give an increased incentive for post-publishing promotion via events, tweets, book signings, etc.
It may also create a disincentive for the author to publish substantively similar content elsewhere (possibly for free) on their own blogs or future books
What did u say? Risk sharing !!! Authors get only 6% or lower Royalty and that’s it. Which angle it is sharing. It’s a gimmick of money making publishing industry
seems like another (primary?) reason is incentives. To hedge against the author writing to only appeal to the publisher’s taste, the author has additional incentive to write a book that actually sells. Royalties also give an increased incentive for post-publishing promotion via events, tweets, book signings, etc.
It may also create a disincentive for the author to publish substantively similar content elsewhere (possibly for free) on their own blogs or future books
can the same logic be applied to hiring > compensation packages?
If not, what's the difference?